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i-maritime news letter

Paradip Port plans to develop one more cargo-handling facility - 2012-01-18


The Paradip Port Trust (PPT) is planning to develop an additional cargo-handling facility at a location far away from Paradip. About 2,500 acres belonging to the State government is already available in the area and PPT has asked for that land. The Government response is awaited. When ready for operation, the proposed satellite port, with a capacity of 20 million tonnes (mt), would handle mainly bulk cargoes. The cost of the project would be clear once the detailed report is ready.

The port authorities, according to the Chairman, have ambitious expansion plans to augment the capacity to 250 mt with 28 berths by 2020. The estimated investment could be around Rs 10,000 crore or so.

Meanwhile, PPT is getting ready for the golden jubilee celebration to be held at Paradip on January 20, 2012. The Union Shipping Minister, Mr G. K. Vasan, the Minister of State for Programme Implementation and Statistics, Mr Sri Kant Jena, the Odisha Chief Minister, Mr Naveen Patnaik, the Shipping Secretary, Mr K. Mohandas, the chairmen of all major ports (except Kochi port) and half a dozen past chairmen of Paradip port, among others, will attend the celebration.

Source: Hindu Business Line