The Andhra Pradesh government has awarded a 2,949.70 crore EPC (engineering, procurement, and construction) contract to a joint venture led by Hyderabad-based Vishwa Samudra Holdings Pvt Ltd for a new port at Bhavanapadu in Srikakulam district.
“We have issued a letter of intent to Vishwa Samudra Holdings for the EPC contract for Bhavanapadu port project,” said K Muralidharan, Chief Executive Officer, AP Maritime Board, the agency tasked with developing ports in the state.
Visakhapatnam-based R R Constructions Pvt Ltd is a partner in the joint venture that pipped Megha Engineering & Infrastructure Ltd (MEIL) to win the EPC deal for Bhavanapadu port.
