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Bhubaneswar (Orissa) : In an attempt to develop captive port at Chudamani in Bhadrak district, the Orissa has entered into an MoU wit the Aditya Birla Group Company on Thursday i.e. on 22nd October, 2009.
In the port sector Government will cross another milestone by establishing a Port at Chudamani. It is expected that the port will attract a large number of port based Industries and will create substantial employment opportunities both direct and indirect.
The projected capacity of the port will be 3 MTPA in Phase-1 which will be expanded subsequently to 10 MTPA. The port will be connected by a rail corridor from Markona station to port site.
The total estimated cost of the project will be Rs.1500 crore and the company will bear the cost and operate the Port on BOO (Build Own Operate) basis. The construction period of the port will be 4 years.
This port, once operational will handle bulk cargo such as cement, aluminium, Iron-ore, Thermal coal, Lime stone, Gypsum, Clinker & Copper etc.
There will be two berths in this port. About 5000 people will be employed. The Government is expected to get Rs.20 Crore revenue per annum. The Aditya Birla group will run the port on build, own, operate (BOO) basis, it added.
The Chief Minister Naveen Patnaik said “ I am happy that an MoU is being signed today between Government of Orissa and the Aditya Birla Group for development of sea port Within Chudamani Limits in Bhadrak district.
As you are all aware, the Government of Orissa has formulated a port policy in 2004 for development of port infrastructure. Port locations have been identified in the Policy which are being developed through public private partnerships. The Government of Orissa has already signed Mous for the Ports at Dhamra, Kirtania and Astarang.
Ports already allotted and in the pipeline will provide an outlet to our marine, mineral and industrial products and will be catalysts for development of the hinterland.
I suggest to all the port promoters in our State to encourage container movement which will support the initiatives of the Government to increase value-addition through downstream and ancillary projects.
I am happy that the consortium of Aditya Birla Group is promoting this port for a phased development of 10 Million tonnes with investment of Rs 1500 crore. With 10 Million tonnes the project is estimated to yield direct revenue of Rs 20 crore per annum to Government of Orissa.
I expect the Port promoter to work with the district administration and IDCO to plan and develop a port-based industrial township. By this maximum multiplier effect for a balanced regional and social growth ca be achieved.
With a view to making the current industrialization process sustainable, emphasis have to be laid on sound environment management practices for protection and preservation of our precious flora and fauna. Environment friendly technologies should be adopted so that the eco-system is not unduly disturbed, Says Mr. Ravi Kastia, Group Executive President, Aditya Birla Group.
We are confident that the Aditya Birla Group’s experience in putting up as many as six port facilities in the Western Coast, backed by the unstinting support of the Government of Orissa, will help us create a much required port in Orissa, he further said.
