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CCI nod for multipurpose berth at Paradip

May 10, 2010 Leave a comment

The Cabinet Committee on Infrastructure (CCI) on 6 May 2010 accorded its approval for the development of multipurpose berth to handle clean cargo including containers at Paradip Port, Orissa, on BOT basis at an estimated cost of Rs 387.31 crore.

The project envisages construction of clean cargo and container handling facilities of 5 million tpa. The dedicated multipurpose clean cargo berth will enable efficient handling of vessels facilitated by mechanised operations and will reduce the cost of cargo handling and attract container traffic to the port.

The project is slated to be completed within 36 months from the date of award of concession. The period of concession is 30 years.

ESPLL signs pact with Paradip Port

April 23, 2010 Leave a comment

Essar Shipping Ports and Logistics (ESPLL), a comprehensive logistics services company with presence in sea transportation, ports & terminals, logistics and oilfields services, has inked a License Agreement with Paradip Port Trust for the mechanisation of Central Quay – III berth with capacity to handle 16 million tpa of dry bulk cargo at Paradip Port, Orissa

ESPLL is expected to handle both third party and captive cargo at the berth. The license is for a period of 10 years, extendable by another five years with mutual consent.

In the past, the company was awarded the project for development of 14 million tpa Deep Draught Coal Berth at Paradip Port on BOT basis for a concession period of thirty years with a project cost of Rs 560 crore for handling third party cargo.

Adani plans port in Paradip

February 22, 2010 Leave a comment

The Adani Group proposes to set up a port near Paradip in Jagatsinghpur district of Orissa at an investment of Rs 10,000 crore.

The port project called Adani Kalinga Port is to be developed in two phases having a capacity of 100 million tpa.

According to sources, the group intends to invest Rs 5,000 crore in Phase I and an equivalent amount in Phase II. The port which is expected to have 12 berths, will handle coal, iron ore, liquid and containerised cargo.

The group also plans to develop an industrial zone in the port area. Plans are afoot to develop a road and railway network within the port as well.

Categories: Shipping Infra Tags: ,
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