Sunday, May 30, 2010

Multipurpose Berth to handle clean cargo and containers at Paradip Port on BOT basis approved

The Cabinet Committee on Infrastructure today approved the project of Development of Multipurpose Berth to handle clean cargo including containers at Paradip Port on BOT basis at an estimated cost of Rs.387.31 crore.

The project envisages construction of clean cargo and container handling facilities of 5 million tonnes per annum. The dedicated multipurpose clean cargo berth will enable efficient handling of vessels facilitated by mechanized operations and will reduce the cost of cargo handling and attract container traffic to the port.

The project is scheduled to be completed within 36 months from the date of award of concession. The period of concession is 30 years.

By implementation of this project the turn around time and pre-berthing detention will be reduced for vessels bringing clean cargo to the port. The project will help in de-congestion of the port and also boost the industrial economy in the hinterland leading to the creation of jobs in the region.

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