As per reports, Paradip Port would create three new berths, mechanise four existing ones, and set up one dock exclusively for green hydrogen. The port plans to be completely automated by 2030.
The port aims to handle more than 400 million tonnes per annum (mtpa) by 2030, from its present capacity of 289 mtpa. Further, it aims to increase its capacity to 500 mtpa by 2047.
Mechanising berths will increase operational efficiency, shorten handling times, and boost overall port productivity, but it will cost more than Rs 25 billion. 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 3.25 billion. It has signed agreements with four investors who will set up green hydrogen and green ammonia plants in the nearby region. These will require a total investment of Rs 508 billion.