Odisha Govt inks MoU with Gopalpur Port for expansion

20 Sep 2023 CW Team

The Odisha government has entered into a MoU with Gopalpur Port for the further development and expansion of the facility in Ganjam district. The Odisha government handed over more than 119 acre of land to Gopalpur Port following the signing of the MoU.

It was mentioned that the MoU was signed by Padmalochan Rou, Director of Ports and Inland Waterway Transport in the Commerce and Transport department, and the CEO of Gopalpur Port. This signing ceremony took place in the presence of Tukuni Sahu, the Commerce and Transport minister.

The history of Gopalpur Port reveals that it was operated by the Odisha government as a seasonal lighterage Port starting from 1986-87. Subsequently, the Port was granted to Gopalpur Ports to transform it into an all-weather direct berthing port through a PPP mode. The Concession Agreement between the Odisha government and Gopalpur Ports was formalised on September 14, 2006.

Also read:
India and Russia to launch Eastern Maritime Corrido
Rosatom, Gazprom Neft agree to northern sea route

Resources

04 Jun 2026

ULCCS Showcases Cooperative Model at UN Symposium

Uralungal Labour Contract Co-operative Society (ULCCS) showcased its community-led development model at the United Nations Headquarters in New York, where it participated as a panellist at the International Symposium on Cooperative Financial Institutions held on 28–29 May 2026.Jointly organised by the United Nations Department of Economic and Social Affairs (UN DESA), the International Cooperative Banking Association (ICBA), and the International Cooperative Alliance (ICA), the symposium was held under the theme ‘Fuelling Inclusive and Equitable Growth’ and brought together policymakers,..

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..