+
Paradip Port ends 2022 by setting record monthly cargo volume in Dec
PORTS & SHIPPING

Paradip Port ends 2022 by setting record monthly cargo volume in Dec

With an all-time record cargo handling of 12.6 MMT in December 2022, Team PPA rang in the New Year 2023 at Paradip Port with a bang. This marked the end of 2022 and the largest monthly cargo throughput in the history of all Major Ports in the country. The PPA's Chairman, P L Haranadh, praised the team PPA for their outstanding performance. The port is on track to surpass the desired 100 MMT cargo handling mark in the month of January 2023, which bodes well for the port. The Port is on track to handle more than 125 MMT in cargo this fiscal year, breaking all previous records.

As of December 2022, PPA has handled 96.81 MMT of cargo, compared to 83.6 MMT over the same period the prior fiscal year. This year, the port implemented a number of system improvement measures that fueled growth of 15.5% over the previous year. With a stunning 58.11% increase from the prior fiscal year, Coastal Thermal Coal Handling now accounts for around 31.56% of all cargo volume handled at the Port. The country's coastal shipping hub is growing as Paradip Port, and there are plans to even coastal ship thermal coal to power plants in Rajasthan, Uttar Pradesh, and Haryana.

Also read:
IIFCL has approved loans totaling Rs 82.44 billion to develop 20 ports
Andhra Pradesh fast tracks work on new ports


With an all-time record cargo handling of 12.6 MMT in December 2022, Team PPA rang in the New Year 2023 at Paradip Port with a bang. This marked the end of 2022 and the largest monthly cargo throughput in the history of all Major Ports in the country. The PPA's Chairman, P L Haranadh, praised the team PPA for their outstanding performance. The port is on track to surpass the desired 100 MMT cargo handling mark in the month of January 2023, which bodes well for the port. The Port is on track to handle more than 125 MMT in cargo this fiscal year, breaking all previous records. As of December 2022, PPA has handled 96.81 MMT of cargo, compared to 83.6 MMT over the same period the prior fiscal year. This year, the port implemented a number of system improvement measures that fueled growth of 15.5% over the previous year. With a stunning 58.11% increase from the prior fiscal year, Coastal Thermal Coal Handling now accounts for around 31.56% of all cargo volume handled at the Port. The country's coastal shipping hub is growing as Paradip Port, and there are plans to even coastal ship thermal coal to power plants in Rajasthan, Uttar Pradesh, and Haryana. Also read: IIFCL has approved loans totaling Rs 82.44 billion to develop 20 ports Andhra Pradesh fast tracks work on new ports

Related Stories

Gold Stories

Next Story
Real Estate

Adani begins construction of Dharavi rehabilitation homes

Construction of rehabilitation homes for eligible Dharavi residents has commenced at the 22-acre Matunga railway site, following a Bhoomi Poojan ceremony performed by Pranav Adani, Director, Adani Enterprises (AEL). The project, being implemented by Adani Navbharat Developers (ANDPL), envisages 10 towers comprising 10,432 rehabilitation apartments and 1,379 commercial and industrial units.Under the in-situ rehabilitation scheme, eligible residents will receive homes measuring 350 sq ft. Residents from Sectors 6 and 1 will be accommodated at Matunga first, followed by nearly 4,500 apartments fo..

Next Story
Equipment

Seven Propel 470 HEV electric tippers go to work on coal haulage in Chhattisgarh

Propel EV, the electric mobility division of Propel Industries and India's No. 1 electric tipper brand, has deployed seven 470 HEV electric trucks with a leading coal-haulage contractor at one of India's largest opencast coal mines in Chhattisgarh. The trucks are in daily operation, moving coal on continuous haul cycles in one of the most demanding applications in Indian mining.Why Electric - and Why CoalCoal haulage runs round the clock: heavy loads, long haul cycles, steep ramps and abrasive dust. It is also where diesel hurts most. Engines run continuously, fuel is the largest single operat..

Next Story
Infrastructure Transport

UP Cabinet Approves Renaming Jewar Airport After PM Modi

The Uttar Pradesh Cabinet has approved a proposal to rename Noida International Airport at Jewar as Narendra Modi International Airport, Noida-Jewar. Chief Minister Yogi Adityanath announced the decision after a Cabinet meeting, saying the airport represented a major contribution to the state and would become Uttar Pradesh’s largest airport and a significant aviation hub. The greenfield airport’s foundation stone was laid by Prime Minister Narendra Modi on November 25, 2021. He inaugurated Phase 1 on March 28, 2026, and commercial flights began on June 15. The facility is being developed a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code