Paradip to develop bulk terminal
Paradip Port Trust has issued a global tender seeking offers to deepen its inner harbour and develop a terminal capable of handling Capesize bulk carriers in the Western Dock area. The project will be undertaken on a Build, Operate and Transfer (BOT) basis in a public-private sector partnership, with the port awarding the successful bidder a 30 year concession, and envisages the creation of a bulk cargo handling facility with an ultimate capacity of 25 million tonnes a year. It is expected that the terminal will be primarily designed to handle coal and limestone and provide additional capacity to support the large number of steel plants in the port’s hinterland.
Paradip Port Trust will provide supporting infrastructure works including a breakwater extension. The invitation to tender was made just four days after the Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi, approved the project.