Jindal Steel & Power (JSPL) has evinced interest on setting up a captive port in Ganjam district of Orissa. It involves a capital cost of Rs 1,424 crore, while the operational cost of running the port would be Rs 152 crore per annum. The first phase is scheduled to be operational by 2017.
The location is 30 km south of the existing Gopalpur port and 18 km from Berhampur.
JSPL made a presentation to the state commerce and traÂnsport department on the proposed port at the mouth of the Bahuda river, a perennial ore. The port does not require acquisition of farm land and thÂere are no issues involved with nesting of the endangered Olive Ridley turtles in the area.