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JSPL-JPPL to develop new western dock at Paradip Port
PORTS & SHIPPING

JSPL-JPPL to develop new western dock at Paradip Port

Jindal Steel and Power (JSPL) and Jindal Port Private (JPPL) consortium have been awarded an agreement to develop a new dock for cape-size vessels at the Paradip Port on a build-operatetransfer (BOT) basis. As per the letter of award (LoA), the consortium will pay a royalty of Rs.54 per ton...

Jindal Steel and Power (JSPL) and Jindal Port Private (JPPL) consortium have been awarded an agreement to develop a new dock for cape-size vessels at the Paradip Port on a build-operatetransfer (BOT) basis. As per the letter of award (LoA), the consortium will pay a royalty of Rs.54 per tonne of cargo handled at the new Western Dock to the Paradip Port Authority. The JSPL-JPPL consortium will operate the dock for 30 years. It will have the capacity to manage 25 mtpa of dry cargo, as per the request for quote (RFQ) for the new dock. The construction is to be finished over five years in two phases of 12.5 mtpa each. Contact: Jindal Steel and Power Tel: 011-2618 8340-50 Email: info@jindalsteel.com Website: www.jindalsteelpower.com

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