The organization, in association with Navayuga Engineering Co Ltd, the lead of the Hyderabad-based CVR Group, set a value citation during a converse offering measure that was 0.5 percent not exactly the ₹2,647-crore assessed by the Andhra Pradesh government for the EPC works of Ramayapatnam port.

During the underlying round of offering, the Aurobindo-Navayuga JV had cited 4.5 percent higher than the EPC esteem set by the State government. Megha Engineering and Infrastructures Ltd, the solitary other bidder in the quarrel, had cited 4.9 percent higher than the assessed EPC esteem.

The Andhra Pradesh government at that point started a converse offering round in which the Aurobindo-Navayuga group dropped its citation 0.5 percent beneath the EPC esteem, sources said.

“The offer presented by the Aurobindo-Navayuga group will be endorsed by the Andhra Pradesh government soon,” sources said.

The EPC order includes common development, break-water development, digging and back-up zone improvement. The Ramayaptanm port will be created on the landowner model in two stages with the primary costing ₹3,736.14 crore and the second ₹10,640 crore.

Cargo handling

After the EPC work is finished, the AP government will offer out payload dealing with tasks to experts in the field.

The definite venture report (DPR) for the new port was set up by RITES Ltd while AECOM-URS Scott Wilson consortium has been employed as the undertaking the board specialist.

Ramayapatnam is one of the four new ports distinguished by the State government to grow the port ability to 400 million tons (mt) by 2024 from 110 mt.