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Home > All news > Shipping > Nitin Gadkari to inaugurate project worth Rs 431 crore at Paradip Port and lay foundation for six port projects worth Rs 3206 crore today

Nitin Gadkari to inaugurate project worth Rs 431 crore at Paradip Port and lay foundation for six port projects worth Rs 3206 crore today

February 6, 2019
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NEW DELHI: A slew of mega projects of Indian Oil (IOCL) and Paradip Port Trust (PPT) worth over  several crores will be unveiled today at Paradip in Odisha.

The projects are slated to be launched in the presence of Union Road Transport & Highways and Shipping Minister, Nitin Gadkari, Union Tribal Affairs Minister Jual Oram and Petroleum Minister Dharmendra Pradhan.

IOCL's state-of-the-art 15-MMTPA refinery will take a leap forward with the inauguration of a Polypropylene (PP) plant built at an investment of Rs 3,150 crore.

Regarding projects in Paradip Port, the officials said a Multipurpose Berth developed for handling clean cargo, including containers, and for diversifying its cargo profile will be launched. The capacity of the terminal is 5 MMTPA and the estimated cost of the project is Rs 430.78 crore.

A dust suppression system completed at a cost of Rs 17.50 crore will also be launched in the mechanised coal handling plant.

Foundation stones will be laid for several projects, including mechanisation of berths to enhance their capacity to 30 MMTPA, enabling cargo handling of thermal coal exports in an eco-friendly manner through closed conveyor system, at a cost of Rs 1,437.76 crore.

Similarly, a new coal berth will be developed for handling of coal imports at Paradip Port on BOT basis at an estimated cost of the project is Rs 655.56 crore.

Among other projects at the port are installation of Container Scanner with a project cost of Rs 40 crore and a second exit from PPT including flyover to reduce traffic inside city area and provide improved connectivity at a cost of Rs 94 crore.

A Multi Modal Logistics Park being developed an estimated cost of Rs 200 crore over an area of 100 acres will also be launched in Paradip.

 

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