Paradip Port to auction land for indutrial port city

The Paradip Port Trust is planning to auction land for the proposed smart industrial port city project in July this year.

A PTI report quoted Paradip Port Deputy Chief Mechanical Engineer (DyCME) and team leader for the project, B B Panigrahi as saying: “Expressions of Interest (EoI) have been floated and the last date for submission is May 20 for both port city and multi-modal logistics hub. We hope to auction the land in July.”

Under the Sagarmala project, a smart port city is proposed at Paradip. The port has earmarked 250 acres of land for industrial port city and 350 acres for multi-modal logistics hub, Panigrahi said.

The report further said some 22 companies including Ultratech cement and Deepak fertilizer have shown interest in the smart industrial port city.

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Research Desk

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