Essar Port eyes Rs. 2,110-cr project

    Essar Ports
    Essar Ports and Shapoorji Pallonji are among the other players that have evinced interest in developing a riverine port to be set up in Odisha. The state government has begun its hunt for developers who would agree to work on the project, which is estimated to cost Rs 2,110 crore. For this, the state has issued the request for qualification (RFQ) and will organise a pre-bid conference very shortly. The pre-bid conference has been designed to address the queries of prospective bidders. The riverine port can either be captive or commercial, depending on the developer. This port has a lot of potential, despite being planned in the vicinity of the Paradip port, which mostly handles bulk cargo, said sources, adding that the riverine port project is planned on the Mahanadi river at Akhadasali village in the Kendrapada district on a public-private partnership (PPP) model.
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