Odisha Plans Rs 500-Crore First Riverine Port Near Paradip

Published: 28th December 2013 07:06 PM  |   Last Updated: 28th December 2013 07:06 PM   |  A+A-


The Odisha government today entered into an agreement with technical consultant WAPCOS to carry out a feasibility study to set up the state's first riverine port in the Mahanadi near Paradip.         

The port to be developed in public private partnership (PPP) at an estimated to cost of Rs 500 crore would be a common one for different industries.         

"If found technically feasible and financially viable, the project will be awarded to the successful bidder selected through a competitive bidding process," an official of the commerce and transport department said.   

Both private players and major port trusts could participate in the bidding process, he said.       

After completion of the feasibility study the report would be submitted by March 15, 2014.         

The total cost of the undertaking the work would be about Rs 1.40 crore, he said.           

Meanwhile, the Paradip Port Trust (PPT) has shown interest in setting up a satellite port and identified Bahuda Muhan near Gopalpur as a suitable location.            

PPT was likely to develop the satellite port through joint venture with the state government.

Stay up to date on all the latest Odisha news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp