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March 4, 2019

Shapoorji Pallonji to invest $422.5m to expand Gopalpur port capacity

The Shapoorji Pallonji Group is planning to increase the capacity of the Gopalpur Port in the Indian state of Odisha.

The Shapoorji Pallonji Group is planning to increase the capacity of the Gopalpur Port in the Indian state of Odisha.

The business group, which owns the majority stake in the port, aims to increase its capacity to 55 million tonnes (Mt) by 2025.

According to a Business Standard report, the group will invest Rs30bn ($422.55m) for the expansion work supported by additional funding.

The plan was announced after Odisha Chief Minister Naveen Patnaik inaugurated two new berths at the Gopalpur port to enhance its capacity.

In 2017, Shapoorji Pallonji Group took over the management of the port and undertook a project to increase the capacity from 2.5Mt to 20Mt.

The Gopalpur port now features an enhanced berth length of 800m, depth of 15m, and stockyard at 66,000m².

Three harbour mobile cranes for managing gearless vessels has also been installed. It will significantly improve cargo loading and unloading capacity at the port.

“Shapoorji Pallonji Groups’ ports business will now operate on both sides of the Indian coast, providing strategic logistical advantages to its customers.”

Shapoorji Pallonji Port managing director Amit Saboo was quoted by news agency PTI as saying: “Gopalpur port is expanding its capacity to 20Mt all-weather operations in this phase with an overall vision of 55Mt by 2025.

“Shapoorji Pallonji Groups’ ports business will now operate on both sides of the Indian coast, providing strategic logistical advantages to its customers.”

Since 1986, Gopalpur port has been operating as a fair weather anchorage port. In 2006, the management was transferred to Gopalpur Ports through an international tender process.

The port received environmental clearance in 2011 and was commissioned for commercial operations in 2013.

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