Odisha prepares to establish Rs 4,000 crore Mahanadi river port project
Ahead of the signing of a Memorandum of Understanding (MoU) with the Center for the establishment of a 4,000 crore river port project in Mahanadi, a high-level delegation visited the proposed site in Odisha’s Kendrapara district on Sunday, they said. The authorities.
The delegation comprised of Chief Secretary AK Tripathy, Paradip Port Trust (PPT) President Rinkesh Roy and others traveled to the proposed site by boat.
The local Mahakalapada Atanu S Nayak MLA was present at the proposed port site. He had a conversation with officials about the project while Kendrapara district collector Samarth Verma briefed the delegation on the importance of the identified site.
The Ministry of Ports, Navigation and Inland Waterways has already accepted the Odisha government’s proposal that the river port be developed by Paradip Port Trust with an investment of 4 billion rupees. It is estimated that the project will generate employment for 6,000 people.
The proposed port will be located in the village of Akhadasali below the Mahakalapada block in the Kendrapara district, 13 km from the river mouth at Paradip.
This multi-user, all-weather port on the Mahanadi River will be established in public-private partnership (PPP) mode with a capacity of 54 MTPA with an investment of 4 billion rupees. In the first phase, the port will have the capacity to handle 22 MTPA cargo with an investment of Rs 2,562 core, an official said.
While Paradip Port Trust will develop infrastructure to support the project, such as rail and road connectivity and facility dredging requirements, the state government has already identified 300 hectares of land for the project.
The state government will also provide the necessary support to PPT regarding any additional land required for the project, the official said, adding that Odisha in 2018 had decided to go ahead with the Mahanadi river port.
However, the project was unable to advance due to lack of interest from potential bidders. Subsequently, Paradip Port Trust showed interest in the project and consequently the signing of the MoU with the state government is proposed.
Following the launch of the project, the port will provide direct and indirect employment opportunities to more than 4,000 people in the first phase and around 1,700 in the second phase.
The river port, along with the Haridaspur Paradip railway line, with the help of the state, will go a long way to boost the Kendrapara district economy, the official added.