Paradip port will be of world class: Dharmendra Pradhan
New Delhi/Bhubaneswar: Union Minister Dharmendra Pradhan has lauded the efforts of Prime Minister Narendra Modi for taking measures for making Paradip port a world class one.
Pradhan said the modernization of Paradip port will be done at a cost of over Rs three thousand crore and the project will be on PPP mode.
The Union Minister also thanked Union Minister for Shipping Mansukh Mandvi for taking a such a decision to covert the port to world class. He said such a decision by the Union Cabinet will realize the efforts being made for Purbodaya and Atmanirbhar Bharat.
The project will generate direct and indirect employment opportunities for one thousand people and added that in the next five years the freight capacity will cross 170 MT.
Pradhan said Paradip port does not have the facility to dock large ships, therefore most of the large ships are being diverted to Colombo and Singapore harbours. The proposed western dock will equip Paradip port to handle large ships, the Union Minister added.
Pradhan said with the completion of the project, Paradip port will be equipped with the facility of handling more coal and added that this will boost the economic aspects of the port.
The Union Minister said commercial handling of Paradip port has gone up to 112 MMT from 60 MMT. He told reporters that the Union Cabinet has given the nod today to hike ethanol production in the country.
The government has decided to use ten per cent of ethanol with petrol by 2022, Pradhan said and added that the percentage will gradually increase up to 30 per cent by 2030.
He told the media ethanol is produced from residues of rice, wheat, maize and sugarcane. The sugarcane.