Nagarjuna Construction consortium bags port project at Machilipatanam

Nagarjuna Construction Company Ltd has announced that a consortium comprising of the Company, Maytas Infra. Pvt Ltd., and SREI Infrastructure Finance Ltd has been awarded a project relating to development and operation of all weather deep water port at Machilipatanam, Andhra Pradesh to be developed on BOOT bails valued at Rs 1200 crores.

The consortium will form a Special Purpose Vehicle (SPV) to executed the project.

Source : Equity Bulls

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