Business

Odisha’s Paradip Port Clocks Fastest 50 MMT Cargo Throughput In A Fiscal

By
OB Bureau

Bhubaneswar: Cargo throughput of Paradip Port Authority (PPA) in Odisha zoomed past 50 MMT (Million Metric Tonnes) mark in current fiscal. PPA has made an impressive beginning to FY 24-25 and total cargo volume has reached 50.16 MMT within the first four months, which is the fastest ever in the port’s history.

In the current fiscal, the coveted mark was achieved 8 days in advance compared to last year and the Port has clocked an incremental growth of 5.16 % in comparison to corresponding period of previous fiscal, an official release said on Thursday.

Coal cargo which constitutes a major chunk of cargo volume has reached 23.11 MMT exhibiting a growth of 6.72% over the corresponding period of the previous fiscal. Iron ore and pellets have reached 9 MMT showing a growth of 20.74% and container cargo has grown by 85.07% over the same period.

PPA Chairman P L Haranadh has said that team PPA, with utmost dedication and meticulous planning has made the enhanced target look easy. “The way, the team has contributing, I am confident that PPA will surpass 150 MMT Cargo throughput mark in the current fiscal,” he said.

OB Bureau

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