Paradip Port signs ₹15.8 billion mechanisation deals
Paradip Port Authority signs three concession agreements worth ₹15.8 billion, aiming for 100% berth mechanisation by 2030
Paradip Port Authority (PPA) has signed concession agreements for three major mechanisation projects with a combined investment of ₹15.8 billion, marking a significant step towards strengthening the port's cargo-handling capacity and operational efficiency.
The agreements were signed in the presence of Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal during his visit to Paradip Port. The projects form part of PPA's plan to achieve 100% berth mechanisation by 2030, up from the current level of around 80%.
The mechanisation projects are expected to support faster, safer and cleaner cargo handling, while reducing vessel turnaround times and improving overall port efficiency.
Three projects worth ₹15.8 billion
The first agreement covers the 5 MTPA South Quay mechanisation project, awarded to Yogayatan Paradip SQB Terminal. The project involves an estimated investment of ₹4.99 billion and will be developed under the Build-Operate-Transfer (BOT) model.
The second agreement is for the 8 MTPA Multipurpose Berth mechanisation project, awarded to Kalinga Bulk Terminal Paradip. with an estimated investment of ₹6.31 billion, also under the BOT model.
The third agreement covers the 10 MTPA captive CQ-III mechanisation project, awarded to AMNS Paradip Logistics. with an estimated investment of ₹4.51 billion.
Together, the three projects are designed to strengthen Paradip's cargo-handling infrastructure and enable the port to handle growing cargo volumes more efficiently.
Focus on capacity and operational efficiency
The agreements are aimed at improving the productivity of Paradip's berths and strengthening the port's ability to handle cargo with greater speed and efficiency.
Greater mechanisation is expected to help reduce vessel turnaround time and logistics costs, while improving the reliability of cargo operations. The move is also expected to support safer and cleaner cargo-handling processes.
The projects are part of Paradip Port's broader efforts to expand capacity and modernise its cargo-handling infrastructure in response to growing trade and freight requirements.
Speaking at the event, Sonowal said the expansion of Paradip Port's capacity would create a wider economic impact for eastern India.
“With deeper drafts, modern cargo-handling infrastructure, improved connectivity and greater mechanisation, Paradip is well positioned to drive trade, logistics, industry and employment across the region and contribute to India's emergence as a globally competitive maritime economy,” he said.
The port has also achieved an 18.5-metre deep-draft capability, enabling fully laden Capesize vessels to enter its inner harbour. However, the three newly signed concession agreements remain specifically focused on berth mechanisation and strengthening cargo-handling capabilities.
With an investment of ₹15.8 billion and a target of 100% berth mechanisation by 2030, Paradip Port is seeking to build greater cargo capacity, improve operational efficiency and strengthen its position as a key maritime gateway on India's eastern coast.