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Paradip Port

Paradip port has traffic growth of 27%

 

Paradip port traffic handling crossed above 50 mt in the current fiscal and registered highest growth rate among the ports in India. It is constructing a multi-purpose berth and has short-listed 8 consortium. Construction of the work is likely to start in 6 months time. For more details click here

Paradip Port - an overview


Paradip Port – after the union government has taken over its administration became a major port in 1966. It is the first port in east coast -post independence and is spread over sprawling 7000 acres. It is taking up various ongoing projects for details click here

Paradip Port Trust signs agreement for iron ore terminal

Paradip Port Trust signs agreement for iron ore terminal with Blue Water Iron Ore Terminal Pvt Ltd for constructing a deep drought iron ore terminal at Paradip port. Blue Water Iron Ore Terminal Pvt Ltd is a special purpose vehicle (SPV) formed by a consortium comprising of MMTC, Noble group and Gammon Infrastructure Projects Ltd. The deep drought iron ore berth with back up facilities will be developed in public-private-partnership (PPP) mode on a Build-Own-Transfer (BOT) basis. The project entails an investment of about Rs 505 crore. One coal berth with back up facilities is also proposed to be constructed in PPP mode at an investment of Rs 387crore. The proposed state of art iron ore terminal will be designed to handle cape size vessels up to 1,25,000 DWT in the first phase. This will increase to 1,85,000 DWT size after completion of the second phase.

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