Paradip Port poised for expansion: Secretary T.K. Ramachandran’s strategic visit

T.K. Ramachandran, Secretary of the Ministry of Ports, Shipping and Waterways (MoPSW), made his inaugural visit to the Paradip Port Authority (PPA), marking a significant milestone in the port’s development journey. During his visit, he inaugurated and laid the foundation stone for several vital projects worth over Rs. 13 crores, reflecting a strong commitment to enhancing the port’s infrastructure and operational efficiency.

Shri Ramachandran’s review of the PPA’s functioning included in-depth interactions with Heads and Deputy Heads of Departments, as well as thorough inspections of port operations at key sites such as the Mechanized Coal Handling Plant, Twin Wagon Tipplers at JSWPTPL, and KICT silos. His recommendations for system improvements are expected to significantly boost productivity and streamline port operations.

Paradip Port, the highest cargo handling major port in India, achieved a record-breaking cargo throughput of 145.38 million metric tonnes (MMT) in the financial year 2023-24. Under Vision 2047, the port aims to increase its handling capacity to an ambitious 10,000 MTPA, with detailed plans to be unveiled soon. The vision also includes opportunities for private participation, further fostering growth and innovation in the port sector.

In alignment with the national Sagarmala programme, which targets an overall port capacity of 3,500 MTPA by 2035 through an 800 MMTPA boost, Paradip Port is set to play a pivotal role. The Sagarmala initiative has identified over 800 projects worth an estimated Rs 5.5 lakh crore for implementation from 2015-2035. Additionally, the Maritime India Vision (MIV) 2030 aims to develop Indian ports to global standards, with projected investments of Rs 1-1.25 lakh crore for capacity augmentation and infrastructure development.

Secretary Ramachandran’s visit underscores the strategic importance of Paradip Port in India’s maritime infrastructure and its crucial role in achieving the long-term goals of Vision 2047 and the ongoing Sagarmala programme. The continued focus on improving port infrastructure, reducing turnaround time, and increasing handling capacity will be essential to transforming Paradip Port into a mega port by 2047, setting new benchmarks in the global shipping and logistics landscape.