Paradip Port Trust (PPT) is awaiting a positive response on its request to waive license norms for storing imported coal at its warehouse. The port is mandated to secure a storage licence and a transport license for all mineral transactions under the Odisha Mineral (Prevention of Theft, Smuggling and Illegal mining and Regulation of Possession, Storage and Transportation) Rules, 2007.
The norm is intended to check unauthorised use of the stateÂ’s natural resources. The time-consuming and unnecessary norm to get a storing license for imported coal is blocking evacuation of imported coal and is affecting the efficiency of the port operation and income, the port said.
PPT, the biggest coal handling port in the country, witnessed 24.1 per cent decline in thermal coal import in December because of storing problem and depletion of contracted volume of importing agencies.
Paradip Port seeks waiver of license norms
Leave a Reply
You must be logged in to post a comment.