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2 clusters · 6 sources · 16 days · First seen · Last updated

Paradip Port infrastructure and capacity expansion

Overview

Paradip Port in Odisha has undergone significant infrastructure expansion to enhance its maritime capabilities. Union Minister Sarbananda Sonowal inaugurated several projects totaling Rs 427.80 crore, which include a Rs 352 crore capital dredging project designed to establish an 18.5-metre deep-draft capability. Other developments include a three-lane bridge, an advanced vessel traffic management system, and piped natural gas infrastructure for the port township.

To further improve operational efficiency, concession agreements were signed for three mechanization projects valued at Rs 1,580.36 crore. Following these investments, the port achieved a major milestone by successfully berthing its first Capesize vessel, the MV Mineral Kwangyang, which was carrying coking coal from Australia.

Entities

Paradip Port Authority · Sarbananda Sonowal · Odisha · India · IIT Madras

Timeline

  1. 5 days ago

    [BUSINESS] 3 sources
    Paradip Port berths first Capesize vessel and expands infrastructure

    Paradip Port Authority successfully berthed its first Capesize vessel, the MV Mineral Kwangyang, and inaugurated infrastructure projects worth Rs 427.80 crore to enhance deep-draft capabilities.

  2. 21 days ago

    [BUSINESS] 3 sources
    Paradip Port receives Rs 427.80 crore in new infrastructure projects

    Union Minister Sarbananda Sonowal inaugurated Rs 427.80 crore in infrastructure projects at Paradip Port, including an 18.5-metre deep-draft capability to improve maritime logistics and trade in eastern India.

Sources

businessnewsweek.in · maritimegateway.com · newindianexpress.com · newsable.asianetnews.com · odishabytes.com · orissapost.com