India: Paradip Port to Handle 110 MnT Cargo

Paradip Port Trust (PPT) aims to handle 110 MnT of cargo by the close of this financial year. The major port off the coast of Odisha has achieved throughput of 100 MnT (as on March 5, 2019).

PPT has been handling cargo in excess of 100 million tonnes (mnt)n for the past two consecutive years.

In the process of handling 100.04 mnt cargo, the port has achieved a growth rate of 5.86 % over the corresponding period of 2017-18 when the Port had handled about 94.5 mnt. In terms of absolute growth in tonnage, the increase of 5.57 mnt of cargo over the last fiscal at PPT is the highest amongst all major ports achieved so far.

The major growth drivers of the cargo at PPT in the current financial year are the handling of POL and coastal thermal coal which are showing a growth rate of 9.86 per cent and 20.49 per cent respectively over the corresponding period of FY 2017-18.

The above achievement of 100 MnT of cargo again by PPT in the current fiscal is despite two of its existing berths are not available for handling of cargo and are under mechanization process.