According to officials with knowledge of the plans, Paradip Port would create three new berths, mechanize four existing ones, and set up one dock exclusively for green hydrogen. The port plans to be completely automated by 2030, and these initiatives are a part of that plan. By 2030, this port wants to handle more than 400 MTPA, up from its current capacity of 289 MTPA. By 2047, it aims to increase its capacity to 500 MTPA.
An official claims that mechanizing berths will increase operational efficiency, shorten handling times, and boost port productivity overall, but it will cost more over Rs 2,500 crore.
For its export and bunkering, the port also intends to construct a dedicated green hydrogen and green ammonia berth with a capacity of 5 MTPA, which will be given by 2026 at a cost of Rs 325 crore, according to the official.
Four investors have made agreements with it to establish green ammonia and green hydrogen factories in the surrounding area. A total investment of Rs 50,800 crore will be needed for these.