New Delhi/Bhubaneswar: Paradip Port Authority (PPA) and AM/NS ports signed a concession agreement on Monday for the mechanisation of a berth (CQ-III) to handle dry bulk cargo, officials said.
The project, awarded for a concession period of 30 years, will enable the shipment of iron ore pellets produced by AM/NS India through a mechanised conveying system and a ship loader equipped with advanced cargo handling facilities, the Ministry of Ports, Shipping and Waterways said in a statement.
The agreement highlights a strong, long-term commitment to sustainable and efficient cargo handling and it marks a significant step toward enhancing port infrastructure and operational efficiency, the ministry said.
The agreement was executed by Himanshu Sekhar Rout, chief engineer of PPA, and Subhakant Dash from AM/NS Ports in presence of PL Haranadh, chairman of PPA.
Speaking on the occasion, Haranadh emphasised that the project is an important step towards improving berth productivity and promoting eco-friendly coastal cargo handling operations.
"This partnership marks a pivotal moment in our journey to modernise port operations and support industrial growth in the region. The mechanisation of CQ-III berth will reinforce our commitment to operational excellence and environmental sustainability," said Suresha G, chief, Odisha operations, AM/NS India.
The project will transform PPA into a world-class port hub and strengthen AM/NS India’s logistics capabilities, the statement said.
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