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

JSPL-JPPL consortium to develop new western dock at Paradip Port

Jindal Steel and Power Limited (JSPL) and Jindal Port Private Limited (JPPL) consortium have been awarded an agreement to develop a new dock for Cape-size vessels at the Paradip Port on a build-operate-transfer (BOT) basis.

As per the letter of award (LoA), the consortium will pay a royalty of Rs 54 per metric 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.

Paradip Port is the nearest port to JSPL’s Angul plant in Odisha at approximately 200 kilometres. The steelmaker uses this port to import limestone and coking coal and to export finished products.

It will have the capacity to manage 25 million tonnes per annum (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. The construction will need an investment of up to Rs 2,400 crore.

Image Source

Also read: Centre to develop Puducherry port as a feeder port for Chennai

Jindal Steel and Power Limited (JSPL) and Jindal Port Private Limited (JPPL) consortium have been awarded an agreement to develop a new dock for Cape-size vessels at the Paradip Port on a build-operate-transfer (BOT) basis. As per the letter of award (LoA), the consortium will pay a royalty of Rs 54 per metric 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. Paradip Port is the nearest port to JSPL’s Angul plant in Odisha at approximately 200 kilometres. The steelmaker uses this port to import limestone and coking coal and to export finished products. It will have the capacity to manage 25 million tonnes per annum (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. The construction will need an investment of up to Rs 2,400 crore. Image Source Also read: Centre to develop Puducherry port as a feeder port for Chennai

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?