Adani Krishnapatnam Port Assures Continuity Amid TDP Protests
30 Jan 2024
2 Min Read
CW Team
In the wake of protests led by the Telugu Desam Party (TDP), spearheaded by former minister Somireddy Chandramohan Reddy, against the proposed suspension of container operations at the Krishnapatnam port, Adani Krishnapatnam Port Limited (AKPL) has issued a statement assuring that container operations at the port will continue without disruption.
AKPL emphasized Krishnapatnam's significance as a crucial port in its operations, stating, "Krishnapatnam is an important port for us, and we are continuously focusing on building and strengthening its operations. The infrastructure like berths, yard, and equipment remains as it is. The terminal can handle any container vessel that calls upon Krishnapatnam Port."
As part of the Public-Private Partnership (PPP) model, AKPL highlighted its regular payment of revenue share to the government, noting that this revenue has been increasing in tandem with the growth in cargo volume each year. The Adani group further clarified its commitment to the development and growth of Andhra Pradesh, expressing unwavering support for the state's overall progress.
Despite the reassurance from AKPL, Somireddy Chandramohan Reddy, a prominent figure within the TDP, announced that an all-party delegation would soon visit the Krishnapatnam port to assess the ground realities concerning the continuation of container operations. The move indicates a continued scrutiny by the TDP on the developments at the port and a desire to verify the claims made by Adani Krishnapatnam Port regarding uninterrupted operations.
The situation remains tense as the port, a crucial economic lifeline for the region, becomes a focal point for both political and economic discussions. The outcome of the impending visit by the all-party delegation may shed light on the future course of action and the resolution of concerns surrounding the Krishnapatnam port.
In the wake of protests led by the Telugu Desam Party (TDP), spearheaded by former minister Somireddy Chandramohan Reddy, against the proposed suspension of container operations at the Krishnapatnam port, Adani Krishnapatnam Port Limited (AKPL) has issued a statement assuring that container operations at the port will continue without disruption.
AKPL emphasized Krishnapatnam's significance as a crucial port in its operations, stating, Krishnapatnam is an important port for us, and we are continuously focusing on building and strengthening its operations. The infrastructure like berths, yard, and equipment remains as it is. The terminal can handle any container vessel that calls upon Krishnapatnam Port.
As part of the Public-Private Partnership (PPP) model, AKPL highlighted its regular payment of revenue share to the government, noting that this revenue has been increasing in tandem with the growth in cargo volume each year. The Adani group further clarified its commitment to the development and growth of Andhra Pradesh, expressing unwavering support for the state's overall progress.
Despite the reassurance from AKPL, Somireddy Chandramohan Reddy, a prominent figure within the TDP, announced that an all-party delegation would soon visit the Krishnapatnam port to assess the ground realities concerning the continuation of container operations. The move indicates a continued scrutiny by the TDP on the developments at the port and a desire to verify the claims made by Adani Krishnapatnam Port regarding uninterrupted operations.
The situation remains tense as the port, a crucial economic lifeline for the region, becomes a focal point for both political and economic discussions. The outcome of the impending visit by the all-party delegation may shed light on the future course of action and the resolution of concerns surrounding the Krishnapatnam port.
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