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Tag: Paradip Port
Paradip Port expansion to boost PCPIR
The stake of the proposed Petroleum, Chemical and Petrochemical Investment Regions (PCPIR) is most likely to improve with the expansion plans of the Paradip Port.
Paradip Port to have 51percent stake in Rs.5,849 crore rail corridor..
Paradip Port Trust (PPT) will have a 51 per cent stake in the heavy haul rail corridor proposed by Indian Port Rail Corporation Ltd (IPRCL). The corridor would connect Salegaon (Maharashtra) with Paradip port.
JSW forays into port operations in UAE
JSW Infrastructure (JSWIL) signed an agreement with Port of Fujairah for management of mechanised bulk cargo handling terminals on November 8, 2016. This is first foreign venture by JSW Infrastructure.
Odisha to have 10percent stake in rail link for port-led development
Odisha has confirmed 10 per cent equity participation in the Special Purpose Vehicle (SPV) of Indian Port Rail Corporation Ltd (IPRCL) that will be formed for development of a heavy haul rail corridor from Salegaon to Paradip port.
Iron ore traffic falls by 28per cent at major ports
Iron ore traffic, including pellets, at major ports saw a sharp fall of 28 per cent in financial year 2015-16 as imports declined because of weak demand. Total iron ore cargo fell to 13 mn t from 18 mn t a year ago.
Steel Min moots Paradip as single-point entry for imports
The Steel Ministry has moved a proposal to allow Paradip port in Odisha as the single-point entry for all steel imports in the country in a bid
Rail siding & warehouse at Balijhara
Paradip Port has decided to undertake the development of railway siding and construction of a warehouse at Balijhara
Govt moves for execution of National Waterway Project
An office has been opened in Bhubaneswar for the development of National Waterway No 5, in March, 2015 which will coordinate with all the stakeholders, including the State Government.
Cargo traffic at major ports up by 5.04% in April-December
Cargo traffic rose by 5.04 per cent to 433.86 mt at 12 major ports during April-December 2014 as compared to the same period of previous year. These Centre-run ports had handled 413.06 mt of cargo during April-December 2013.



