Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Paradip Port sees biz, infra boost

Post News Network
Updated: April 3rd, 2022, 05:51 IST
in State, Top Stories
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Paradip: Paradip Port has been witnessing major changes in the field of business as well as infrastructure development, a report said. This has become possible after funds worth Rs 3,200 crore were pumped in during last seven years under the Centre-sponsored Sagarmala project.

Many changes such as better connectivity to the port, infrastructural development and renovations have been brought in by using these funds.

Also Read

Naveen Patnaik

BJD supremo Naveen Patnaik’s health condition ‘stable’

6 hours ago
Fake call centre busted in Odisha, six detained

Death of Puri burn victim: Police urge people to ignore social media posts, say probe in last stage

7 hours ago

The port has registered a record turnover of 116.13 MMTA (million metric tonne per annum) of cargo when businesses all over the world were on a downslide due to Covid19 pandemic and a slump was seen in iron-ore trade in the global market during 2021-22.

This feat has been achieved against its business of 114.55 MMTA in the previous financial year of 2020-21. The daily cargo transaction was 23,943 MT in the previous year, whereas this year it has increased to 27,295 MT.

This was stated here in the annual report released by the Paradip Port Authority Chairman PL Harandh, Friday. Harandh said works on the construction of three western docks are underway with funds available under the Sagarmala project.

The dock works, when completed, will help 2 lakh MT cargo ships take berth in the port. Similarly, cargo transportation to the port has become easier after the construction of 82- km-long Paradip-Haridaspur rail route.

Moreover, process has been completed to make National Highway53 connecting Chandikhole with Paradip an eight-lane highway so that commuting to Paradip Port becomes easier.

This apart, with the participation of the state government, a world class truck terminal will come up on 100 acre of land.

Construction of a riverine port and increasing cargo trade through the port has started under Centre sponsored Gatishakti plan. The plan, when implemented, will help users reap many benefits.

Post implementation, all the projects will help boost the cargo trading in the port to 750 MMTA by 2047. In this press meet, Harandh defended the renaming of Paradip Port Trust (PPT) to Paradip Port Authority (PPA).

He said that the name change will help the chairman take some important decisions on his own. Earlier, a plethora of issues had to be sent to the Union Shipping Ministry for decisions and approvals at their end.

However, after the name change, the port chairman can directly take decisions in this regard as per the requirement. Some important steps have been taken to develop the port into a world-class port under Sagarmala project and Gatishakti plan.

Among those are, 25 per cent increase in coastal shipping, expediting of cargo unloading through mechanised coal handling plant (MCHP).

The cargo unloading was done through 5,698 trains in 2020-21, while it increased to 7,156 trains in 2021- 22. Similarly, the time taken in anchoring of ships in the berths and unloading of cargo has been reduced to nine hours.

PNN

Tags: BusinessInfra boostParadip port.PL HarandhPPA Chairmanrecord turnoverSagarmala Project
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019

Archives

Editorial

Freedom Under Siege

August 17, 2025

We celebrated Independence Day this month, the culmination of our freedom struggle. Independence and freedom from what? From alien rule...

Read moreDetails

Tariff Tactic

Tariff
August 13, 2025

The effects of US President Donald Trump’s imposition of a 50 per cent tariff on Indian goods have started to...

Read moreDetails

Conscious Capitalism

Conscious Capitalism
August 12, 2025

Companies have long justified sustainability initiatives as a way to boost their reputation, comply with external and internal standards, or...

Read moreDetails

Perpetual War

Benjamin Netanyahu
August 11, 2025

Almost two years into the war in Gaza, the Israeli security cabinet has approved yet another military escalation — a...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2024 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2024 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2024 All rights Reserved by OrissaPOST