Bhubaneswar, Sept. 10 (UDN): Adani Ports and Special Economic Zone Ltd (APSEZ) has emerged as the highest bidder for the development and operation of two dry bulk cargo berths at Paradip Port in Odisha, marking another major expansion of the company’s footprint along India’s eastern coastline.
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APSEZ said it has received the Letter of Award for the project, which is expected to add 18 million metric tonnes per annum (MMTPA) to its cargo-handling capacity. Following the addition, the company’s overall cargo-handling capacity portfolio is projected to rise to 671 MMTPA.
The project is being taken up under a 30-year public-private partnership (PPP) concession, with APSEZ set to develop and operate the CQ-I and CQ-II berths at Paradip Port.
The proposed facilities will feature mechanised cargo-handling systems, deep-draft infrastructure and large-scale storage facilities aimed at improving the handling of dry bulk cargo.
Boost to East Coast Operations
The Paradip concession is expected to strengthen APSEZ’s presence on the eastern coast and provide greater access to a strategically important industrial and mineral-rich hinterland.
With Paradip being a key maritime gateway for Odisha and the eastern region, the project is likely to further enhance APSEZ’s cargo-handling capabilities and reinforce its position in the eastern maritime sector.
The company said the expansion is also aligned with its broader goal of handling one billion tonnes of cargo annually by 2030.
The latest development adds to APSEZ’s growing presence in Odisha’s port sector and underscores the increasing importance of Paradip as a major hub for bulk cargo movement and industrial supply chains.
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