Krishnapatnam port likely to get INR 800 crore from 3i
BL reported that Krishnapatnam Port in Nellore district, promoted by the CVR group is likely to get investments to the tune of INR 800 crore from the global private equity firm 3i shortly.
To recuperate the monthly deficits of Rs 83 crores being run into by the State Government following payment of salaries in the pay scales recommended by the 6th Central Pay Commission to its employees, the Centre has released Rs 300 crores as advanced SPA.