Odisha To Get Rs 215 Billion Bahuda Port Project
PORTS & SHIPPING

Odisha To Get Rs 215 Billion Bahuda Port Project

On the eve of the Samudra Se Samriddhi—Transforming India’s Maritime Sector event, several key agreements were signed for port development and capacity augmentation in India.
A landmark MoU was concluded between Paradip Port Authority, Visakhapatnam Port Authority, Sagarmala Finance Corporation Limited, and the Government of Odisha for developing a new port at Bahuda. Planned with a capacity of 150 million tonnes per annum, the project will be built on over 6,700 acres of designated coastal salt land. It is expected to attract investment of nearly Rs 215 billion.
The Bahuda Port will serve as an anchor for port-led industrialisation, logistics parks, and manufacturing clusters across Odisha and northern Andhra Pradesh. The project is projected to generate direct and indirect employment for around 25,000 people while catalysing industrial and infrastructure growth in eastern India.
In a parallel development, the Inland Waterways Authority of India signed an MoU with the Government of Bihar for a Water Metro project in Patna, valued at about Rs 9.1 billion. The project will introduce energy-efficient electric ferries, modern terminals, and multimodal transport integration. Ten terminal points along four routes in Patna will reshape urban river transport and serve as a pilot model for other cities. 

On the eve of the Samudra Se Samriddhi—Transforming India’s Maritime Sector event, several key agreements were signed for port development and capacity augmentation in India.A landmark MoU was concluded between Paradip Port Authority, Visakhapatnam Port Authority, Sagarmala Finance Corporation Limited, and the Government of Odisha for developing a new port at Bahuda. Planned with a capacity of 150 million tonnes per annum, the project will be built on over 6,700 acres of designated coastal salt land. It is expected to attract investment of nearly Rs 215 billion.The Bahuda Port will serve as an anchor for port-led industrialisation, logistics parks, and manufacturing clusters across Odisha and northern Andhra Pradesh. The project is projected to generate direct and indirect employment for around 25,000 people while catalysing industrial and infrastructure growth in eastern India.In a parallel development, the Inland Waterways Authority of India signed an MoU with the Government of Bihar for a Water Metro project in Patna, valued at about Rs 9.1 billion. The project will introduce energy-efficient electric ferries, modern terminals, and multimodal transport integration. Ten terminal points along four routes in Patna will reshape urban river transport and serve as a pilot model for other cities. 

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