Site Logo

Odisha to get new greenfield deep-sea port worth Rs 21,500,00,00,000 in Ganjam

PUBLISHED: LAST UPDATE:

Odisha is set to get a new greenfield deep-sea port at Bahuda in Ganjam district, with an estimated investment of Rs 21,500 crore.

Odisha to get new greenfield deep-sea port worth Rs 21,500,00,00,000 in Ganjam (Representational Image)

Odisha is set to get a new greenfield deep-sea port at Bahuda in Ganjam district, with an estimated investment of Rs 21,500 crore.

A tripartite agreement has been signed recently between the Odisha Maritime Board (OMB), Paradip Port Authority (PPA), and Sagarmala Finance Corporation (SFC) at a maritime event held in Bhavnagar, Gujarat, to facilitate the port’s development.

Industries Minister Sampad Chandra Swain confirmed that the port will be established on approximately 5,000 acres of land and will operate as a satellite port of the Paradip deep-sea port. Once operational, the new port is expected to handle 150 million tonnes of cargo annually, boosting Odisha’s maritime infrastructure and trade capacity.

Currently, Odisha has one major port at Paradip in Jagatsinghpur district and two non-major ports at Dhamra in Bhadrak and Gopalpur in Ganjam. The Bahuda port will be the second port in the Ganjam district, further strengthening the state’s strategic coastal assets.

In a related development, OMB and PPA have signed an MoU to establish a large-scale shipbuilding cluster in Kendrapara district with an investment of Rs 24,700 crore. The project will be located on the Mahanadi riverbank and include one or more shipyards with a combined capacity of 1 to 1.2 million gross tonnage per year, a dedicated waterfront of 2–2.5 km, and a land area of 2,000–2,500 acres.

Also Read: Mega shipbuilding cluster worth Rs 24,700, 00,00,000 to come up in Odisha’s Kendrapara

The cluster will also house ancillary industries such as engine manufacturing, steel fabrication, and other equipment suppliers, positioning Odisha as a major hub for shipbuilding and maritime activities.

Otv advertisement
Loading more stories...