Paradip: The chairman of Paradip Port Trust(PPT),  Rinkesh Roy, Wednesday said  the port is soon launching a Rs 2000 crore project to enable it to handle capesize vessels of 156,000 DWT . The project aimed at  deepening and optimization of inner harbour facilities including development of the 30 million tonne per annum (mtpa) capacity Western Dock Captive Berth-2 .
Roy, while addressing on the occasion of the Independence Day, said while a new iron ore berth is expected to be operation by this year end, the construction of IOCL’s  LPG Terminal at South Oil Jetty by IOCL of 0.75 mtpa  capacity is in full swing. According to him, the 5 mtpa multi-purpose clean cargo berth has started handling containers and other clean cargo from March, this year.
He said the port is consistently maintaining the 2nd position in terms of traffic handled amongst all major ports in the country . It has undertaken great strides in each area of its activities and has witnessed 11 %  growth in terms of cargo handling in this fiscal, compared to last year during the corresponding period.