As part of Maritime India Vision 2030, Paradip Port will evolve as a world-class mega port with over 400 MMTPA capacity by 2030 through its capacity augmentation projects, Port Chairman P L Harandh said on Tuesday.
All the berths of the port will be mechanised bringing about enhanced productivity, eco-friendly cargo handling and reduced logistics cost for the customers, Harandh said while hoisting the National Flag at Paradip port on the occasion of the 77th Independence Day.
He said to achieve the 80 MMTPA capacity addition, projects are in the pipeline which would be completed by FY 2030.
Looking beyond it, Harandh said the port envisions taking its capacity to over 500 MMTPA by the AmritKaal 2047.
Under the National Green Hydrogen Mission, he said Paradip Port has been identified as one of the major ports to be developed as a hydrogen hub.
For this, the development of Port facilities is planned by Paradip Port and preparation of
Feasibility Report & Model Studies are underway to finalise the layout of the dock including
backup areas, keeping safety aspects in mind.
As a part of its plans to drive the adoption of hydrogen and its derivatives such as ammonia & methanol as propulsion fuel for ships, the port plans to procure hybrid tugs from Cochin
Shipyard, he said.
Paradip Port is jointly conducting a project study for converting itself into a Green Port at
National Centre of Excellence for Green Port & Shipping (NCoEGPS) under The Energy and
Resources Institute (TERI).
Paradip Port, the Chairman said, had achieved a major milestone as the fastest major port by clocking a record cargo throughput of 52.31 MMTPA Cargo on August 14 last registering 8.4 percent growth over the corresponding period of the previous fiscal.
The incremental growth has been 4 MMTPA, which is the highest among all major ports of the Country, he said adding that if the trend continues, the PPA will be able to emerge as the top cargo handling port of the country.
The Port’s performance has been recognised as it has received three prestigious awards in the Sagar Shrestha Sammaan 2023 given by the Ministry of Ports, Shipping, and Waterways.
These include the number one major port award for overall annual performance, port with
highest Incremental Improvement for cargo Handled and award for best performance for ship berth day output in FY 2022-23.
The port has added 55 MMTPA of Capacity including 30 MMTPA of berth mechanisation in the recent five years.
This will take the port capacity beyond 300 MMTPA upon its completion, he said adding that the Western Dock project will enable the port to handle fully-laden cape size vessels requiring draft up to 18 metres.
This will bring economies of scale to the profitability of the customers, he said.
