09-18-2025, 02:19 PM
Following is excerpted from https://infra.economictimes.indiatimes.c.../123960891
Quote:MUMBAI: State-owned Paradip Port Authority, Visakhapatnam Port Authority, Sagarmala Finance Corporation Ltd and Odisha government will jointly build a 150 million tonnes (mt) capacity new major port at Bahuda in Odisha’s Ganjam district with an investment of ₹21,500 crore, multiple sources said.
... Two more private ports are being developed at Subarnarekha Mouth (Kirtania) by Tata Steel Ltd and at Astaranga by Navayuga Engineering Company Ltd.
... A memorandum of understanding for developing the new major port at Bahuda will be signed by Paradip Port Authority, Visakhapatnam Port Authority, Sagarmala Finance Corporation Ltd and Odisha government on September 20 at a function to be held in Bhavnagar, Gujarat in the presence of Prime Minister Narendra Modi, according to a document seen by ET Infra.

