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

School education: Odisha secures 5th rank, Patnaik hails 5T initiative

32 mins ago

Female Home Guard killed by truck while returning home from duty

3 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

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019

Archives

Editorial

Hungary Lessons

Hungary
July 2, 2025

Revolting against oppression and seeking freedom is ingrained in human nature, something that a repressive regime finds out sooner or...

Read more

New Democratic Face

Zohran Mamdani
July 1, 2025

US President Donald Trump, who had comfortably defeated his Democratic rival Kamala Harris in the recent presidential election and exuded...

Read more

Proof To Vote

Vote
June 30, 2025

Months ahead of the Assembly polls in Bihar, the Election Commission of India (ECI) on 28 June launched a ‘special...

Read more

Genesis of Jana Sangh

AAKAR PATEL
June 29, 2025

We marked the 50th anniversary of the Emergency a few days ago. Another anniversary, this time the 75th, went relatively...

Read more
  • 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