Vadarevu and Nizampatnam Industrial Corridor (VANPIC) is an upcoming

industrial park An industrial park, also known as industrial estate or trading estate, is an area zoned and planned for the purpose of industrial development. An industrial park can be thought of as a more heavyweight version of a business park or office par ...

located between

Guntur district Guntur district is one of the twenty six districts in the Coastal Andhra region of the States and union territories of India, Indian state of Andhra Pradesh. The administrative seat of the district is located at Guntur, the List of urban agglom ...

and

Prakasam district Prakasam district is one of the twelve districts in the coastal Andhra region of the States and union territories of India, Indian state of Andhra Pradesh. It was formed in 1970 and reorganised on 4 April 2022. The headquarters of the district is ...

Andhra Pradesh Andhra Pradesh (ISO 15919, ISO: , , AP) is a States and union territories of India, state on the East Coast of India, east coast of southern India. It is the List of states and union territories of India by area, seventh-largest state and th ...

India India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...

. It is spread over 13,000 acres. It is under CBI investigation for land acquisition and other allegation. Around 4000 acres was acquired for port development. Large tracts of land was acquired from local farmers. In April 2011, the property consultant,

Jones Lang LaSalle Jones Lang LaSalle Incorporated (JLL) is a global real estate services company, founded in the United Kingdom with offices in 80 countries. The company also provides investment management services worldwide, including services to institutional an ...

estimated the 13,000 acres at 1,426 crores.

History

The land was acquired by the government in 2008 .

Location

It is located near

Nizampatnam Nizampatnam is a village in Bapatla district of the Indian state of Andhra Pradesh. It is the mandal headquarters of Nizampatnam mandal in Repalle revenue division. The Dutch occupied the city for trading from 1606−1668. Etymology Named ...

in Guntur district.

Investigation

Former minister

Mopidevi Venkataramana Mopidevi Venkata Ramana Rao (born 1962, Nizampatam) is an Indian politician, who served as the Member of Parliament, Rajya Sabha from YSR Congress Party representing Andhra Pradesh. He was the former cabinet minister under Kiran Kumar Reddy. He ...

was arrested in the case by the CBI, and minister Dharmana Prasad Rao resigned over allegations. Another company, VANPIC projects was started by industrialist,

Nimmagadda Prasad Nimmagadda Prasad (born 11 October 1961) is an Indian industrialist from Andhra Pradesh, India. He is known for his ventures in the Pharmaceutical and Television industries, and is involved in philanthropic activities through Nimmagadda Foun ...

and

Ras Al Khaimah Ras Al Khaimah (; ), often referred to its initials RAK, is the largest city and capital of the Emirate of Ras Al Khaimah in the U.A.E. The city had a population of 191,753 in 2025, and is the sixth-most populous city in UAE after Dubai, Abu ...

(RAK group), and the company was allotted 24,000 acres by the government. The mechanisms of the large scale corruption in the case was highlighted in the fourth charge sheet filed by the CBI in the Y. S. Jaganmohan Reddy corruption case. The charge sheet relates to the VANPIC project: :quid-pro-quo investments made by industrialist

to the tune of 854 crore into the companies of YS Jagan and allotment of 22,000 acres of land to Nimmagadda Prasad in violation of prevailing rules and regulations. The "suitcase company" methodology was succinctly described by

Supreme Court of India The Supreme Court of India is the supreme judiciary of India, judicial authority and the supreme court, highest court of the Republic of India. It is the final Appellate court, court of appeal for all civil and criminal cases in India. It also ...

Chief justice P. Sathasivam.: :The investigation disclosed the payment of illegal gratification of 30 crore to Y.S. Jagan Mohan Reddy (A-1) by Nimmagadda Prasad (A-3) for the wrongful gain obtained by A-3 from the Government of Andhra Pradesh in connection with awarding a project consisting of development of two Sea Ports and an Industrial Corridor as VANPIC Project and falsification of documents to cover up the said payment etc. On July 28, 2022, Vanpic case: HC strikes down CBI charge sheet.

References

External links

Official site
{{coord missing, Andhra Pradesh Proposed infrastructure in Andhra Pradesh Buildings and structures in Guntur district Buildings and structures in Prakasam district Corruption in Andhra Pradesh