Paradip Port Trust to raise capacity to 325 mmtpa by 2025
The Paradip Port Trust today said it plans to raise capacity from the present 277 million metric ton per annum to 325 mmtpa by 2025.
"A record quantity of 100.12 mmt of cargo was handled during this financial year till today, surpassing the previous year record of 88.95 mmt," PPT Chairman Rinkesh Roy told reporters here.
The Port has clocked 50 per cent growth in the last five years, as the cargo throughput stood at 68 mt in the fiscal 2013-14.
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PPT also achieved traffic throughput of 100 mt during 2017-18, as against the previous year's traffic of 88.95 mt, exhibiting a growth of 15 per cent, he said.
On future projects, the PPT head said the Port has taken up a host of projects to increase the capacity from the existing 277 MMTPA to 325 MMTPA by 2025.
PPT has launched a project for development of multi-purpose berth to handle clean cargo, including containers on BOT basis of 5 MTPA capacity at an estimated cost of Rs 430.78 crore, Roy said.
Development of Deep Draught Coal Berth on BOT basis for handling import cargo of 10 MTPA capacity, which has been taken up at an estimated cost of Rs 655 crore, is expected to be operational in March 2021, he said.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)