Paradip Port

After their interrogation, the agency arrested Charchit Mishra, director of Orissa Stevedores Limited (OSL) and son of the state's leading industrialist, Mahimananda Mishra, on Saturday, sources said

The project involves deepening and optimization of inner harbour facilities including the development of the western dock on the build, operate and transfer basis

Paradip Port in Odisha will be developed into a world-class modern port which will have capability to handle capesize vessels at a cost of Rs 3,004.63 crore. The project involves deepening and optimisation of inner harbour facilities including development of western dock on build, operate and transfer (BOT) basis under public-private partnership mode at the port, the Ministry of Ports, Shipping and Waterways said in a statement on Sunday. "One of those visionary initiatives is capital intensive project at Paradip Port which will transform the port into a world-class modern port which will have capability to handle capesize vessels... the estimated cost of the project is Rs 3,004.63 crore," it said. Capesize is the largest class of bulkship that can carry any type of cargo, such as iron ore and coal. Such vessels are called "capesize" as they cannot pass through the Panama Canal and have to go around the Cape of Good Hope to sail between the Pacific and Atlantic oceans. According to

Minister Sarbananda Sonowal on Sunday said that the Paradip Port is in line with Modi's vision of the development of eastern states

JSW Infra already has an iron ore terminal at the Paradip Port with a capacity to handle 10 mtpa of iron ore/ pellets. This terminal is designed to load the cape vessels within 48 hrs

The Paradip Port presently has a capacity of 279TPA

Paradip will be the best port in the country on the east coast

All vessels at Paradip anchorage have been asked to pick up anchor and move to sea

Paradip Port is one of the 12 major ports in the country

The government said it has approved a Rs 3,000 crore project to turn Paradip Port into a world-class port by setting up a dock

Cargo volumes at these 12 major ports under the control of the Centre declined for the fourth straight month in July 2020 and all ports barring Mormugao saw a negative growth

Deendayal Port handled the most cargo among the major ports with a volume of 71.09 mt followed by Paradip at 64.46 mt

Corrosion is turning out to be a major headache for the industries across the sector

For the first time, PPT handled 17,495 tonne of aviation turbine fuel

Paradip Port Trust (PPT) would have 51 per cent stake in the heavy haul rail corridor proposed by Indian Port Rail Corporation Ltd (IPRCL). The corridor would connect Salegaon (Maharashtra) with the Paradip port.The project to be developed on the joint venture mode is estimated to cost Rs 5849.2 crore. While the debt component is pegged at Rs 4209.7 crore, the residual Rs 1639.5 crore will flow as equity contribution from the promoters. Apart from PPT, Mahanadi Coalfields Ltd (MCL), Odisha government and a Railways PSU would have 13 per cent, 10 per cent and 26 per cent equity respectively. Either Rites Ltd or Rail Vikash Nigam Ltd (RVNL) is proposed to be the equity partner.The Odisha government's stake is likely to be held through Odisha Industrial Infrastructure Development Corporation (Idco), the state owned nodal agency for land acquisition and industrial infrastructure development.The project is proposed to be developed in two phases. In the first phase, the corridor will be ...

It is designed mainly to ship coal to southern states

The port's overall cargo moved up from 36.07 mt to 42.67 mt

It was made possible through loading of bigger parcel sizes, faster turnaround of vessels and minimised berth stay durations