The zone, which is located on the Vizag-Chennai Industrial Corridor, offers 8,521 acre of industrial land with another 1,879 acre earmarked for a Greenfield commercial port.
"This unique development will be a boon for gas dependent industries like ceramics, glass, fertilisers and chemicals in this region. Since gas constitutes a major portion of their costs, a 30-40 per cent saving on gas price will yield significant competitive advantage.
APGDC has agreed to lay a spur line from the main trunk line to the zone premises for facilitating piped gas access to commercial and industrial customers.
APGDC, which is the authorised entity by Petroleum and Natural Gas Regulatory Board (PNGRB) for laying, operating and expanding gas distribution network in AP, is executing the Kakinada-Srikakulam high pressure Natural Gas Pipeline (KSPL) to facilitate supply of gas for industrial use.
The work for phase I of KSPL is underway.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)