The Odisha government has signed major port development agreements with Adani Ports & SEZ and JSW Infrastructure, involving investments worth βΉ18,000 crore. The deals are expected to significantly boost the state’s maritime infrastructure and generate over 8,400 jobs.
Adani Ports will invest approximately βΉ16,554 crore to expand the capacity of Gopalpur Port from 20 million tonnes per annum (MTPA) to 50 MTPA. The project, managed through Gopalpur Ports Limited (recently acquired by Adani), is set to create around 5,000 direct and indirect jobs.
Meanwhile, JSW Utkal Steel Ltd will invest βΉ2,100 crore to build a dedicated cargo-handling jetty with a capacity of 52 MTPA at the mouth of the Jatadhar River near Paradip. This project is expected to create about 3,450 jobs.
Chief Minister Mohan Charan Majhi, present at the agreement signing, highlighted the state's strategic focus on port-led growth. Odisha is planning new ports at Inchudi and Bahuda, and upgrades to existing ports at Subarnarekha and Astaranga. The state aims to increase Paradip Port’s capacity to 300 MTPA and expand non-major port capacity to 200 MTPA by 2036.
Explore the latest edition of Journal of Supply Chain Magazine and be part of the JOSC News Bulletin.
Discover all our upcoming events and secure your tickets today.
Journal of Supply Chain is a Hansi Bakis Media brand.
Subscribe to our Daily Newsletter
Subscribe For FreeBy continuing you agree to our Privacy Policy & Terms & Conditions