Adani Ports, JSW to Ink Odisha Port Deals Worth Rs 180 Bn

Adani Ports and Special Economic Zone (APSEZ) and JSW Infrastructure are preparing to sign agreements with the Odisha government for the development of Gopalpur and Jatadhar Muhan ports, involving a total investment of approximately Rs 180 billion. These projects are expected to play a key role in strengthening Odisha’s industrial infrastructure, enhancing employment opportunities, and advancing the state's ambition to become a major logistics and industrial hub on India’s eastern coast.

APSEZ, India’s largest private port operator, plans to invest around Rs 15,000 crore in the development of Gopalpur Port. This follows its acquisition of a majority stake in Gopalpur Ports (GPL) from the Shapoorji Pallonji Group. The company is set to submit a comprehensive master plan to the state government to transform Gopalpur into a major port facility.

Strategically located between Paradip and Visakhapatnam, Gopalpur Port benefits from connectivity via National Highway 16 and a railway line that links to the Chennai–Howrah mainline. This positioning complements APSEZ’s existing operations at Dhamra and Gangavaram ports.

Gopalpur Port is a deep-water, multi-cargo facility with a current handling capacity of 20 million tonnes. It primarily manages dry bulk cargo, including iron ore, coal, and alumina. The port operates under a 30-year concession agreement with the Odisha government and follows a revenue-sharing model, contributing 7.5% of its revenue to the state.

News source: Projects Today

Related Stories

Concord Control Systems bags ₹56.58 crore Indian Railways order for locomotive safety systems

Concord Control Systems has secured a ₹56.58 crore order from Indian Railways for the supply, installation and commissioning of locomotive wire...

Read More

Hafele expands Bengaluru footprint with new Appliances Studio in Bommasandra

Häfele India has expanded its retail footprint in Bengaluru with the launch of Appliances Studio Amro Interio, its third exclusive appliances stud...

Read More

Think Bold, Think Beautiful

A new material. A new technology. A new architectural typology. A new application. A deployment at scale.

In the rapidly evolving world of de...

Read More

Reach out to us

Call us at +91 8108603000 or

Schedule a Call Back