Rs.150cr set for two flyovers amidst plans for green energy in the port
Paradip Port Authority (PPA) has allotted 769 acres of land to various industries which will bring more than Rs.8,700 crores of investment, output from which will create 50 million metric tonnes of traffic to port, the Ministry of Ports, Shipping and Waterways said on 2 Apr 2024.
The development also includes two road flyovers within the port premises. The Rs.150 crores flyovers are to avoid surface crossing of rail and road traffic to handle road traffic seamlessly.
It has planned 10 MW solar power plant to add renewable energy to its operations while LNG-CNG depots are on the anvil.
The Port is also aiming to develop one exclusive berth for handling green ammonia/green hydrogen thus becoming the hydrogen hub port of the country.
The Port is developing ultramodern signal station with latest vessel traffic management information system in association with IIT, Chennai. This will improve the vessel management and marine operations substantially, apart from improving the security.
The ministry said PPA has reached new heights with the recent record-breaking achievement of clocking incredible 145.38 MMT cargo throughput in FY 2023-24 and thus-by nudged passed Deendayal Port, Kandla, to emerge as the highest cargo handling major port of the country.
For the first time in the 56 years history of operation, PPA has surpassed previous records, set by Deendayal Port. Paradip Port has also recorded growth of 10.02 million metric tonnes (7.4%) of traffic on YoY basis.
The Port has achieved highest ever coastal shipping traffic of 59.19 million metric tonnes in FY23-24, with a growth of 0.76 million metric tonnes i.e. 1.30% over the previous year.
The thermal coal coastal shipping has reached 43.97 million metric tonnes i.e. 4.02% over the previous year cargo handling. Thus, the Paradip Port is emerging as a hub for coastal shipping in the country, said the Ministry.
Paradip Port has been able to improve its berth productivity to 33,014 MT from 31,050 MT of previous financial year, thus registering 6.33% growth. The berth productivity achieved by Paradip Port is the highest among all the ports of the country.
During the financial year, the Port has handled 21,665 numbers of rakes, registering a growth of 7.65% over the previous financial year. During the financial year, the Port has handled 2,710 ships, registering an increase of 13.82% over the previous financial year. fiinews.com
