Business Standard

Shapoorji Pallonji to invest Rs 3000 cr more on Gopalpur port expansion

The port was dedicated to the nation by chief minister Naveen Patnaik Thursday

Gopalpur Port
Premium

File photo of Gopalpur Port. Photo courtesy: Wikipedia

BS Reporter Bhubaneswar
Shapoorji Pallonji Group which has management control in the Gopalpur port off the coast of south Odisha, has pledged to invest Rs 3000 crore more on the port's expansion. Backed by the additional investment, the port’s capacity will be ultimately ramped up to 55 million tonnes by 2025.

The port was dedicated to the nation by chief minister Naveen Patnaik Thursday.

Shapoorji Pallonji Port Maintenance Ltd, a group company, took over the management of the Gopalpur port in 2017. After taking over the management, the expansion of port infrastructure was initiated to enhance the port capacity from 2.5 million tonnes to 20

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in