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Date: 08/11/2024

Paradip Port to significantly invest in berth mechanisation

Paradip Port is set to embark on a significant development initiative with the mechanisation of four existing berths and the establishment of a dedicated berth for green hydrogen. The mechanisation of berths is expected to require an investment of over Rs 2,500 crore, which officials say will enhance operational efficiency and reduce handling times, ultimately boosting productivity.
 
Additionally, the port plans to develop an exclusive berth for green hydrogen and green ammonia, targeting an export and bunkering capacity of 5 MTPA. This is projected to cost Rs 325 crore and is expected to be awarded by 2026. This strategy aligns with the port’s goal to become fully mechanised by 2030. Currently handling 289 million tonnes per annum (MTPA), Paradip Port aims to exceed 400 MTPA by 2030 and reach 500 MTPA by 2047, as per a report.
 
Source: Exim News Service: Paradip, Nov. 7



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