Infrastructure sector projects by Paradeep port to commission multi-purpose berth by March 2019 in Paradip
Project Information
7183
Paradeep port to commission multi-purpose berth by March 2019
Paradeep Port Trust (PPT) expects to commission its proposed multi-purpose berth by March 2019. The berth, capable of handling clean cargo including containers, is estimated to cost Rs 430.78 crore.
PPT has already inked a concession agreement in March last year with Paradip International Cargo Terminal Pvt Ltd (PICT). It is a special purpose vehicle (SPV) set up by United Liner Agencies India Pvt Ltd which is a part of J M Baxi Group for construction/development of a multipurpose berth through public private partnership (PPP) mode on build, operate and transfer (BOT) basis in order to cater to the container traffic and clean cargo at Paradip port.
The non-hazardous and dust free cargoes including iron and steel products, aluminum ingots, pig iron, finished fertilisers, food grains, sugar (both raw and finished) would be handled effectively and efficiently in the multi-purpose berth.
Project Value
Refer document
Planning
Paradip
Odisha
India
Infrastructure
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