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PPT sets ball rolling on Rs 35.44 billion projects for Smart Port City

PPT has initiated work on projects valued at Rs 35.44 billion on the self-contained city spread over 700 acres of land

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Jayajit Dash Bhubaneswar

Last Updated : Jul 10 2018 | 12:58 PM IST

The Smart Industrial Port City developed within the premises of the Paradip Port Trust (PPT) will house a string of projects across sectors. PPT has initiated work on projects valued at Rs 35.44 billion on the self-contained city spread over 700 acres of land.

Projects on the anvil include a multi-modal logistics park (MMLP) committed by Container Corporation of India (Concor), a four million tonne per annum pelletisation unit by Thriveni Earthmovers Ltd, a wood park and a dedicated food park for edible oils, said a PPT source.

On the MMLP, Concor has pledged an investment of Rs two billion. Land has