02.06.15
12:02
According to hellenicshippingnews, Paradip Port Trust (PPT) and JSW Paradip Terminal Private Limited (JSWPTPL) have signed a concession agreement to develop a new berth for handling iron ore at the port.
The deal provides for 30 year concession period during which JSW would develop, operate and maintain modern mechanized terminal of 10 MTPA capacity at an estimated project cost of Rs 740 crore.
JSW would invest about Rs 605 crore and PPT would contribute the balance towards providing the supporting infrastructure facilities.
The environment-friendly and efficient terminal operations would provide employment and entrepreneurship opportunities for locals and would actively contribute to the socio economic development of Paradip region.
(via Me-freight)
No comments:
Post a Comment