Aditya Birla group to built Rs.1,500-crore port in Orissa
October 22nd, 2009 - 8:37 pm ICT by IANS
- Bhubaneswar, Oct 22 (IANS) The Aditya Birla group, which has diversified business interests, Thursday signed an agreement with Orissa to develop a sea port in Bhadrak district on an investment of Rs.1,500 crore, the government said.
The projected capacity of the port, to be developed at Chudamani over four years, will be three million tonnes per annum in the first phase. This will be expanded subsequently to 10 million tonnes per annum, the government said in a statement.
The Aditya Birla group will run the port on build, own, operate (BOO) basis, it added.
The port will have two berths, and will handle bulk cargo such as cement, aluminium, iron ore, thermal coal, limestone, gypsum, clinker and copper.
“In this port, directly or indirectly, about 5,000 people will be employed. By operation of the port, the state government will get revenue about Rs.20 crore per annum,” the statement said.
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- Business
- - 10 million
- - aditya birla group
- - aluminium
- - berths
- - bhubaneswar
- - bulk cargo
- - cement
- - clinker
- - copper
- - diversified business interests
- - gypsum
- - iron ore
- - orissa
- - sea port
- - state government
- - thermal coal
Posted in Business, |
October 23rd, 2009 at 5:52 pm
It is a very exciting news for the people of Bhadrak district, specially Basudevpur block. After the Dhamra Port, port at Chudamani will take the district in industrialisation to new height. Local people and local logistic support should be utilised for the construction of this new port. Now there should be proposal for railway connection to this new location and should be implemented in a spirited manner