Jindal Steel Arm Commissions Phase-I Cargo Terminal in Odisha
Steel

Jindal Steel Arm Commissions Phase-I Cargo Terminal in Odisha

Jindal Steel has commissioned the Phase-I capacity of a cargo handling terminal at Paradip in Odisha, beginning commercial operations on October 15, 2026. The facility is part of a port development project with a total investment of Rs. 33.93 bn.

The terminal will provide Jindal Steel with dedicated, long-term access to Paradip Port as it expands its domestic steelmaking capacity. The company completed the first phase ahead of the scheduled completion date under the concession agreement for the project.

The facility has been developed through Jindal Paradip Port, a subsidiary in which Jindal Steel holds a controlling stake. The company is developing a dry bulk cargo terminal with a total capacity of 25 mn tonnes per annum (MTPA) at the Western Dock of Paradip Port, to be completed in two phases.

The first phase provides capacity of 12.5 MTPA. Jindal Paradip Port obtained the completion certificate for this phase on October 12, four days before the scheduled completion date of October 16, 2026, according to a company filing.

Jindal Paradip Port entered into a concession agreement with the Paradip Port Authority to develop the Western Dock on a build-operate-transfer basis. Under the agreement, the commercial operation date for Phase-I was required within 1,095 days of the concession award. Both phases are progressing simultaneously, with the overall project cost estimated at Rs. 33.93 bn.

Jindal Steel has commissioned the Phase-I capacity of a cargo handling terminal at Paradip in Odisha, beginning commercial operations on October 15, 2026. The facility is part of a port development project with a total investment of Rs. 33.93 bn. The terminal will provide Jindal Steel with dedicated, long-term access to Paradip Port as it expands its domestic steelmaking capacity. The company completed the first phase ahead of the scheduled completion date under the concession agreement for the project. The facility has been developed through Jindal Paradip Port, a subsidiary in which Jindal Steel holds a controlling stake. The company is developing a dry bulk cargo terminal with a total capacity of 25 mn tonnes per annum (MTPA) at the Western Dock of Paradip Port, to be completed in two phases. The first phase provides capacity of 12.5 MTPA. Jindal Paradip Port obtained the completion certificate for this phase on October 12, four days before the scheduled completion date of October 16, 2026, according to a company filing. Jindal Paradip Port entered into a concession agreement with the Paradip Port Authority to develop the Western Dock on a build-operate-transfer basis. Under the agreement, the commercial operation date for Phase-I was required within 1,095 days of the concession award. Both phases are progressing simultaneously, with the overall project cost estimated at Rs. 33.93 bn.

Related Stories

Gold Stories

Next Story
Infrastructure Transport

Thiruvananthapuram Airport to Get Rs. 25 bn Terminal Expansion

Thiruvananthapuram International Airport, managed by Adani Airports, will undergo a Rs. 25 bn terminal expansion under Project Anantha. The project is intended to increase international passenger-handling capacity and improve operational efficiency at the Kerala airport. The groundbreaking ceremony is scheduled for October 15, coinciding with the airport completing five years under its current management. The development will cover approximately 92,552 square metres and raise annual international passenger capacity from 3.5 mn to around 11.5 mn. Project Anantha forms part of a wider transforma..

Next Story
Infrastructure Transport

PM Modi Inaugurates Leh Airport Terminal Costing Rs. 6.4 bn

Prime Minister Narendra Modi inaugurated the new passenger terminal at Leh Airport on October 15, 2026, adding capacity at one of the world’s highest commercial airports. The facility, built at a cost of Rs. 6.4 bn, has been designed to handle 3.5 mn passengers annually and support rising air travel demand in Ladakh. The terminal covers 23,810 square metres and combines modern airport infrastructure with design elements inspired by Ladakh’s local art and cultural heritage. A video shared by Union Civil Aviation Minister Ram Mohan Naidu Kinjarapu showed the check-in area, airline counters, ..

Next Story
Infrastructure Transport

Kerala Examines Land Acquisition for Kannur Airport Expansion

The Kerala government is examining the land acquisition process for the proposed expansion of Kannur International Airport and plans to take an early decision on difficulties faced by affected families, Chief Minister V D Satheesan told the state Assembly on Thursday. He was responding to a submission by MLA T K Govindan. The proposed project involves extending the airport runway from 3,050 metres to 4,000 metres. The government granted administrative sanction on December 27, 2016, to acquire 99.92 hectares, but the process remains incomplete despite a notification issued in 2017. The governme..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code