Page 2 - Paradip Port

Major ports record muted performance on fall in coal, fertilizer cargo

Deendayal Port handled the most cargo among the major ports with a volume of 71.09 mt followed by Paradip at 64.46 mt

Corrosion control firms keen to invest Rs 100 billion at Paradip

Corrosion is turning out to be a major headache for the industries across the sector

Paradip port cargo traffic up 16 per cent in 2016-17

For the first time, PPT handled 17,495 tonne of aviation turbine fuel

Paradip Port to have 51% stake in Rs 5,849 cr rail corridor

Paradip Port Trust (PPT) would have 51 per cent stake in the heavy haul rail corridor proposed by Indian Port Rail Corporation Ltd (IPRCL). The corridor would connect Salegaon (Maharashtra) with the Paradip port.The project to be developed on the joint venture mode is estimated to cost Rs 5849.2 crore. While the debt component is pegged at Rs 4209.7 crore, the residual Rs 1639.5 crore will flow as equity contribution from the promoters. Apart from PPT, Mahanadi Coalfields Ltd (MCL), Odisha government and a Railways PSU would have 13 per cent, 10 per cent and 26 per cent equity respectively. Either Rites Ltd or Rail Vikash Nigam Ltd (RVNL) is proposed to be the equity partner.The Odisha government's stake is likely to be held through Odisha Industrial Infrastructure Development Corporation (Idco), the state owned nodal agency for land acquisition and industrial infrastructure development.The project is proposed to be developed in two phases. In the first phase, the corridor will be ...

Paradip Port choses consultant for Rs 8200 cr outer harbour project

It is designed mainly to ship coal to southern states

Paradip Port cargo up 18% in Apr-Sept

The port's overall cargo moved up from 36.07 mt to 42.67 mt

Highest loading rate by Essar's bulk terminal at Paradip port

It was made possible through loading of bigger parcel sizes, faster turnaround of vessels and minimised berth stay durations