Port is all set to handle 85 million tons of cargo in the nexrt two years from
the current level of 63 million tons according to the Port Chairman M T
the performance of the port during the financial year 2017-18, he said the port
handled 63.54 million tons as against 61.02 million tons during the previous
financial year, registering 4 per cent growth rate.
of Coking coal and steam coal have gone up and thermal coal and iron ore have
declined, but the overall performance has been satisfactory in spite of stiff
competition from the neighboring private ports,” he said and added that the
target for the current financial year is 68 million tons.
the port, which was in the fifth position among the major ports last year, had
now risen to the fourth, with Deendayal Port Kandla, Paradip and JNPT being
ahead of it.
Port’s operating income amounted to Rs. 1,078 crores during 2017-18 as against
Rs. 917 crores the previous year and the operating surplus Rs. 538 crores as
against Rs. 385 crores in 2016-17. The net surplus was Rs. 250 crores as
against Rs. 45 crores.
projects are on the whole going on very well and we foresee no major hurdles.
After the completion of these projects, the capacity of the port will rise to
133 million tonand we are aiming at 85-90 million tons of cargo by 2020-21,
which is quite acceptable,” he said.
the port had spent Rs. 250 crores on its own projects and roughly Rs. 600
crores had been spent on the PPP projects during the year.
iron ore handling complex (OHC) (Rs. 600 crores) was commissioned during the
year and two berths have been completed on the west quay and two more will be
completed during the current year. Once we get the environmental clearance, we
will begin work on oil berths (OR -1 and OR -2),” he said.
that for the first time the port was contemplating covered storage facility for
bulk cargo, the main stay of the port, and it had appointed a consultant.“We
are planning storage and handling facility for 2.5 lakh tons of cargoes, at a
rough cost of Rs. 125 crores or so, in 20 acres. Studies are underway,” he
Sagarmala programme, the port had sent
proposals to the Ministry for five major projects at a cost of Rs. 2,000 crores
and the detailed project reports were getting ready. In-principle clearance has
been given to these projects.