Paradip Port awards 30-year concession to AM/NS India SPV for CQ-III berth
Paradip (Jagatsinghpur district, Odisha), Aug 27 (TNT): Paradip Port Authority (PPA) has awarded a 30-year concession to AMNS Paradip Logistics Private Limited (APLPL), a special purpose vehicle of AM/NS India, for mechanisation of the CQ-III berth for captive handling of dry bulk cargo with a capacity of 10 million tonnes per annum.
The Award of Concession was presented by Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal to AM/NS India Chief-Corporate Affairs Deepak Arora at a function held at Biju Convention, Paradeep, Odisha, recently.
The project is in line with the government’s policy to promote coastal shipping as a fuel-efficient, economical and environment-friendly mode of transportation.
Under the concession, APLPL will handle iron ore pellet shipments through a fully mechanised conveyor system directly connecting the AM/NS India pellet plant complex with the berth at Paradip Port.
AM/NS India currently transports iron ore pellets through coastal shipping from Paradip to Hazira.
The captive use of the CQ-III berth is expected to facilitate seamless cargo movement, improve operational efficiency and strengthen the company’s supply chain.
The project is also aimed at modernising port operations and strengthening Paradip as a maritime gateway, according to the company.
Odisha Minister of State (Independent Charge) for Industries, Skill Development and Technical Education Sampad Chandra Swain, Jagatsinghpur MP Bibhu Prasad Tarai, Paradip Port Authority Chairman P.L. Haranadh, Deputy Chairman T. Venu Gopal, AM/NS India Head-Odisha Operations U.S.R. Raju and senior officials of PPA and corporate representatives attended the programme.
TNT KM
