The Jagan Reddy government cancelled the Bandar Port agreement that was signed with the Navayuga Company in the previous Chandrababu Regime. The company challenged the YCP government’s latest decision in AP High Court. The next hearing on the case is to be taken up on September 12.
Navayuga lawyer urged the court to cancel the GO 66 issued by Jagan Circar regarding cancellation of port agreement. The Company argued that the government is giving misleading information that there’s no progress in the port works. The government is itself responsible for delay in the works as it is not handing over all the lands as per the agreement.
Navayuga says that it is given possession of only over 400 acres till now while another 4,500 acres are still to be handed over by the AP government. The company has so far spent Rs 436 Cr on the port project till now. The High Court could not take up hearing on Thursday as the advocates are on strike.
This is the second court case filed by Navayuga against Jagan Circar. The company already got stay orders issued against the YCP government’s cancellation of Polavaram contract.
