According to officials with
knowledge of the plans, Paradip Port would create three new berths, mechanize
four existing ones, and set up one dock exclusively for green hydrogen. The port plans to be
completely automated by 2030, and these initiatives are a part of that plan. By
2030, this port wants to handle more than 400 MTPA, up from its current
capacity of 289 MTPA. By 2047, it aims to increase its capacity to 500 MTPA.
An
official claims that mechanizing berths will increase operational efficiency,
shorten handling times, and boost port productivity overall, but it will cost
more over Rs 2,500 crore. For its export
and bunkering, the port also intends to construct a dedicated green hydrogen
and green ammonia berth with a capacity of 5 MTPA, which will be given by 2026
at a cost of Rs 325 crore, according to the official.
Four
investors have made agreements with it to establish green ammonia and green
hydrogen factories in the surrounding area. A total investment of Rs 50,800
crore will be needed for these.