BHUBANESWAR: Paradip Port
has laid out a major plan to expand its cargo handling capacity from
the present 76 million tons to 237 million by 2020 on PPP mode,
according to its chairman G J Rao.
Speaking to media persons here on Sunday, Rao said after completion of the capacity expansion work Paradip port would be one of India's top most port.
He said efforts are on undertake massive dredging of the channels and improvement of other facilities in order to handle bigger ships of 1.25 lakh Dead Weight Tonnage (DWT). He said the port would award construction works to any Central PSUs or state organizations based on their expertise in the field.
The chairman admitted fall in total cargo handling by the port from 57.01 million tons in 2009-10 to 56.03 million tons in 2010-11 and attributed the lower performance to recession and imposition of a 20 per cent tax on export.
The port had set a target of 63 million tons, which could not be possible, one of the major reasons being drop of 14.29 per cent in iron ore traffic.
Paradip handled 13.85 mt of iron ore last year compared to 16.16 mt the previous year.
The chairman further said neither the expansion of the Operation area of Kolkotta Port nor the proposed Posco captive port would affect the Paradip port. He however said the private Dhamra port might hit its business.
"The Dhamra port may affect the business of Paradip port. But it is good because we welcome competition and that it would improve our efficiency as well."
The PPT chairman said the port had signed an agreement with the Paradip municipal authorities for maintaining the township including developing civic amenities. Since Paradip town is growing in population, steps had been initiated to bring water directly from Cuttack.
sourced from The Times of India
Speaking to media persons here on Sunday, Rao said after completion of the capacity expansion work Paradip port would be one of India's top most port.
He said efforts are on undertake massive dredging of the channels and improvement of other facilities in order to handle bigger ships of 1.25 lakh Dead Weight Tonnage (DWT). He said the port would award construction works to any Central PSUs or state organizations based on their expertise in the field.
The chairman admitted fall in total cargo handling by the port from 57.01 million tons in 2009-10 to 56.03 million tons in 2010-11 and attributed the lower performance to recession and imposition of a 20 per cent tax on export.
The port had set a target of 63 million tons, which could not be possible, one of the major reasons being drop of 14.29 per cent in iron ore traffic.
Paradip handled 13.85 mt of iron ore last year compared to 16.16 mt the previous year.
The chairman further said neither the expansion of the Operation area of Kolkotta Port nor the proposed Posco captive port would affect the Paradip port. He however said the private Dhamra port might hit its business.
"The Dhamra port may affect the business of Paradip port. But it is good because we welcome competition and that it would improve our efficiency as well."
The PPT chairman said the port had signed an agreement with the Paradip municipal authorities for maintaining the township including developing civic amenities. Since Paradip town is growing in population, steps had been initiated to bring water directly from Cuttack.
sourced from The Times of India
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