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1.PPT targets 270 mn tonne capacity

Paradip Port Trust (PPT) has witnessed commendable growth in cargo handling during the current fiscal. The port has now floated Request for Qualification (RFQ)


2.True Honour

Paradip Port Trust (PPT) led by Chairman, Biplav Kumar has created quite a buzz in the industry!


3.PPT seeks waiver of license norms

Paradip Port Trust (PPT) is awaiting a positive response on its request to waive license norms for storing imported coal at its warehouse.The port is mandated to secure a storage and a transport license for all mineral transactions under the Odisha Mineral (Prevention of Theft, Smuggling and Illegal mining and Regulation of Possession, Storage and Transportation) Rules, 2007. The norm is intended to check unauthorised use of the state’s natural resources.


4.Paradip Port Trust (PPT) is expanding

PPT has already signed a memorandum of understanding with gas transportation utility, GAIL to build a floating storage and regasification unit at Paradip. GAIL has committed to invest Rs 31 bn to build the first phase of the terminal with an export capacity of about 5 mn tonne of LNG anually by 2017.


5.Major Sea ports increase 5 per cent in cargo

India´s major sea ports handled 95.87 mn tonne of cargo during April and May 2014 as apposed to 91.48 mn tonne handled during the corresponding period previous year, an increase of 4.8 per cent. Of the 13 major ports,


6.Adani Port poses as a threat for PPT

Paradip Port Trust is facing competition from private sector port giant Adani Ports in Odisha. Adani Ports recent Rs 5,500-crore acquisition of Dhamra Port near Paradip Port in Odisha is raising competition in the region.


7.Paradeep port to develop outer harbour

Paradeep Port Trust (PPT) has proposed to develop an outer harbour under the Sagarmala project.


8.Sustainable Solar Pumps

KSB Pumps introduces a new range of solar powered pumps – KSBSol – a submersible pumpset with high energy-efficiency and reliability suitable to run using solar power.


9.Traction in Inland Waterway projects will open up several business opportunities for the port sector players

Traction in Inland Waterway projects will open up several business opportunities for the port sector players As per an ICRA Report on the Indian Ports Sector, Traction in Inland Waterway projects will open up several business opportunities for the port sector players; Iron ore and POL support overall volumes as coal volume growth continues to plummet.


10.Rs.35.44 bn for Smart Port City

The Smart Industrial Port City developed within the premises of the Paradip Port Trust (PPT) will house a string of projects. PPT has initiated work on projects valued at Rs 35.44 bn on the city spread over 700 acre.


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