Paradip Port poised for massive infrastructure makeover
Paradip: Paradip Port is poised for a massive infrastructure makeover with a whopping Rs 15,000 crore investment to refurbish it into a top-notch seaport of international standard.
A slew of measures are underway to put it in the exalted no-1 port of the country. Several big-investment projects are line up for implementation with due clearance of union ministry of shipping. Paradip port is the face of modern Odisha. Its infrastructure facelift would augment ancillary port-related economy activities in the Paradip industrial hub, Rinkesh Ray, Chairman, Paradip Port Trust (PPT) told this portal.
The Port has taken up a host of projects to increase the capacity from existing 126.94 Million Metric Tonnes per annum to 325 MMTPA by the year ending 2025. The capacity of the port would be tripled in coming years. Steps are on the right direction for implementation and timely execution of these major infrastructure building projects, he said.
Development of Multi-Purpose Berth to handle clean cargo including containerized ones is in full swing. It is being put in place on Build–operate–transfer (BOT) basis at an estimated cost of Rs. 430.78 crore. The pace of progress of the project is quite satisfactory and it is expected to be operational in December, 2018.
10 MMTPA capacity deep draught coal berth on a BOT basis is another major project which is going to enhance the infrastructure of the port. The project is worth Rs. 655.56 crore.
Besides construction of Rs 740.19 crore worth deep draught iron ore Berth is moving fast. Being built on BOT basis, the iron ore berth is expected to be operational in March, 2019.
Mechanization of process of East Quay (EQ) 1, 2, 3 Berths at Paradip Port on BOT basis is also underway. Rs. 1437.76 crore worth projects is expected to be operational by July 2020.
Further as a part of capacity augmentation plan under Sagarmala Programme of the government of India, an Outer Harbour is proposed to be developed at an estimated cost of Rs. 8767 crore to handle large cape-size vessels up to 2 lakh Deadweight tonnage (DWT) up-to 22m draft and it is expected to be operational in 2021.
Barring these, the major port has taken initiated measures to develop the port city to a Smart Industrial Port City at an estimated cost of Rs. 2770 crore, the chairman Rinkesh Ray concluded.