- Paradip Port aims to become fully mechanized by 2030 by developing three new berths and mechanizing four existing ones. It will also establish a special green hydrogen berth.
- The port plans to boost its handling capacity from 289 MTPA to 400 MTPA by 2030, with further expansion to 500 MTPA by 2047.
Paradip Port will develop three new berths, mechanize four existing ones, and establish one berth solely for green hydrogen as part of its strategy to become fully mechanized by 2030, reports the Economic Times.
Mechanization of berths
“The mechanization of berths will require an investment of over Rs 2,500 crore and will enhance operational efficiency, and reduce handling times,” a senior official told ET on condition of anonymity, adding that this will improve overall productivity at the port.
The central government-run port aims to exceed 400 million tonnes per annum (MTPA) handling capacity, up from 289 MTPA at present, by 2030 and to 500 MTPA by 2047.
“The mechanisation of berths will require an investment of over Rs 2,500 crore and will enhance operational efficiency, reduce handling times,” a senior official told ET on condition of anonymity, adding that this will improve overall productivity at the port.
The port also plans to develop an exclusive green hydrogen and green ammonia berth for its export and bunkering with a capacity of 5 MTPA, which, the official said, will be awarded by 2026 at Rs 325 crore. It has signed agreements with four investors who will set up green hydrogen and green ammonia plants in the nearby region. These will require a total investment of Rs 50,800 crore.
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Source: The Economic Times
