By Our Correspondent
BHUBANESWAR: Jindal Steel and Power Chairman Naveen Jindal has paid a visit to State owned Paradip Port under the Ministry of Shipping and Waterways and held, discussion with Port officials on several issues including cargo handling. The JSP is planning an investment of Rs ₹2,392.13 Crore in Paradip Port. JSP Chairman is reported to have held talks on this issue with Chairman, PPA, PL Haranadh.
As these Ports are the gateway to our nation’s economic development and play a crucial role in building a self-reliant India, JSP is planning to build a 25-million tonne (mt) capacity, deep draft, dry bulk cargo terminal at the Western Dock of the port located with an investment of ₹2,392.13 Crore.
It may be noted here that JSP had beat Essar Ports Ltd and Navayuga Engineering Company Ltd to emerge the highest bidder. This will be JSPL’s first big contract in the ports sector, a business it has been looking to enter for some years now, including buying the Gopalpur Port in Odisha which was eventually acquired by Shapoorji Pallonji Group.
Naveen Jindal’s brother Sajjan Jindal-led JSW Infrastructure Ltd is one of India’s biggest port operators. JSW Infrastructure had also applied on the Western Dock tender but could not qualify.
