Paradip port aims to be number 2
Bhubaneswar-Paradip, Jagatsinghpur, Paradeep port, Paradip - Jatadhari - Kujanga, Ports and waterways, Railways, Roads, highways and Bus stands June 14th. 2007, 1:30amStatesman has a report on Paradip port aiming to be the number two port in the country. Following are some excerpts from that report.
Armed with a Paradip business and strategy plan for the next 20 years and an action plan for the next seven years, Paradip Port has set on sail to become the No-2 port of the country. The charted course envisages investments to the tune of over Rs 3,500 crore and it aims at handling capacity of 106 million tones in five years. … The growth recorded was a phenomenal 15 per cent and the revenue surplus was around Rs 198 crore last year. All new berths being planned will be on PPA mode and the capacity which is 51 mt will be increased to 106 mt by 2011-12, said the chairman. He pointed out that by November this year, the single point mooring will be commissioned adding 15 mt handling capacity. This is a IOC project with a berth floating 20 km offshore and pipelines which are already in place. … Maritime trade is on the upswing and each port has set high targets but the uniqueness of Paradip is that it has handled 38.4 mt with only bulk cargo. Despite limitations of being a bulk port with 14 berths and a limitation of 12.6 metre in terms of depth of the channel, the port has handled such huge quantities. … There are plans and projects to deepen the channel upto 16 meters to accommodate 125,000 tonners. Presently, it can accommodate 75,000 tonners. The project entails investment of Rs 253 crore and is scheduled to be completed by August 2008. Simultaneously, enhancement of draught at the existing dock system from 12.5 to 14 metres has also been planned for completion by March 2008. … The port plans creation of southern dock system with an investment of Rs 530 crore and four berths. This is targeted for commercial operation by March 2012. The approaches and connectivity have also been planned in a futuristic manner with enhancement of rail connectivity Haridaspur-Paradip line slated to be over by March 2009, four-laning of Chandikhole to Paradip road by March 2008. Even relocation of the existing township has been proposed keeping in view the raid development of the port activities.
June 16th, 2007 at 8:38 pm
[…] Paradip: Existing major port. We discussed its expansion plans recently. […]