KSIDC is planning to develop the Tadri in Honnavar in North Kanara district of the east coast of Karnataka with an investment
of Rs. 30,000 million. It has appointed Mir Group for consultancy and project management. Initially, the company study will involve
traffic evaluation, geotechnical and bathymetric studies and social impact assessment. The development of port will help the
nearby iron ore mines and power projects.
A special purpose vehicle is formed as Tadadi Port Ltd to implement the project. The port will
have a capacity of 62.36 million tpa and will have 8 berths - of this 4 will be iron ore and coal berths, 3 for general cargo and one
for LNG. The berthing will be designed for 100,000 DWT (dead weight tonnage) for ore coal vessels and 40,000 DWT general cargo
vessels, including two turning circles of 580-metre diameter each.