Adani Ports and Special Economic Zone (APSEZ) has secured the project to develop and operate two dry bulk berths at Paradip Port in Odisha, India, adding 18 million tonnes of mechanised capacity and strengthening infrastructure on the country’s east coast. The 30‑year public‑private partnership concession supports APSEZ’s goal of handling 1 billion tonnes of cargo by 2030.
Adani Ports and Special Economic Zone (APSEZ) has emerged as the highest bidder for the development and operation of the CQ‑I and CQ‑II dry bulk berths at Paradip Port in the eastern Indian state of Odisha. The project will add around 18 million metric tonnes per annum of mechanised dry bulk handling capacity to APSEZ’s domestic port portfolio, lifting its overall Indian port capacity to about 671 million tonnes from 653 million tonnes. The berths are to be developed under a 30‑year concession structured as a public‑private partnership on a build‑operate‑transfer basis.
Source:
economictimes.comShare this article
Related news
Essar Ports to develop new Tuna Tekra cargo terminal at India’s Kandla port
Deendayal Port Authority awarded Essar Ports a 30-year concession for a ₹22.76 billion multipurpose terminal. The project will add 18.33 million tonnes of annual capacity and accommodate large Capesize vessels.
Colombo Port to Develop New Logistics Hub Through PPP Model
Sri Lanka’s port authority has abandoned an earlier joint venture with China Merchants Port Holdings but will continue plans for a logistics complex of about 150,000 square metres at Colombo Port.
US Announces $17 Million Investment to Digitize Port of Colombo
The United States will provide $17 million to introduce a Maritime Single Window and Port Community System at Colombo Port, targeting faster cargo processing, less paperwork, and lower delays.