Archive for the 'Astaranga, Puri (Navayuga interested)' Category

Investment status of four new ports in Odisha: Dhamara, Gopalpur, Subarnarekha river mouth (Choumukha-Kirtania), Astaranga

Astaranga, Puri (Navayuga interested), Balasore, Bhadrakh, Choumukha-Kirtania, Balasore (Creative ports, Chennai interested), Dhamara port (under constr.), Ganjam, Gopalpur port (under constr.), Puri No Comments »

Update: Following is from a report in Business Standard.

… "The Ministry of shipping and highways has more or less agreed to bear 50 per cent of the cost of road and rail connectivity for the minor ports proposed in the state. The ministry had asked us to submit cost estimates for the same and accordingly, we had submitted Rs 1200-crore plan for offering road and rail connectivity for the upcoming minor ports", an official source told Business Standard.

According to the proposal, the cost of rail and road connectivity for the minor ports would be shared equally between the Centre and the port developers.

… Among the 14 locations identified by the state government for the development of ports are Dhamara, Jatadhari Muhan, Barunei Muhan, Astaranga, Bichitrapur, Chudamani and Kirtania to name a few.

The state government had already inked concession agreements with the developers for the development of ports at Dhamara, Gopalpur and Kirtania.

The Orissa government has also signed MoUs (Memorandum of Understanding) with the Hyderabad-based Navayuga Engineering Private Ltd and Aditya Birla Group for setting up of ports at Astaranga and Chudamani respectively.


Following is from a report in Business Standard.

Orissa has witnessed grounding of investment of Rs 4,262.44 crore from non-major ports in the past 10 years.

The investments have made four minor port developers- Dhamara Port Company Ltd (DPCL), Gopalpur Port Ltd (GPL), Creative Port Development Ltd and Navayug Engineering Ltd from 2002-03 up to the end of September this year. …

DPCL, a 50:50 joint venture between Tata Steel and L&T, is the biggest investor, with its investment till the second quarter of 2011-12 standing at Rs 3,570.35 crore.

The port developer, who has already begun operations, has invested Rs 762.79 crore, Rs 1,088.26 crore and Rs 1,059.40 crore in 2008-09, 2009-10 and 2010-11 respectively. In 2011-12, DPCL has invested Rs 60.45 crore till the end of September.

Gopalpur Port Ltd (GPL), a special purpose vehicle promoted jointly by Orissa Stevedores Ltd and Sara International Limited (SIL) has invested Rs 421.09 crore during 2007-08 to September-end of 2011-12. The port developer which is developing the seasonal port at Gopalpur into an all-weather port, has invested Rs 51.09 crore in 2007-08, Rs 30 crore in 2008-09, Rs 50 crore in 2009-10, Rs 40 crore in 2010-11 and Rs 250 crore in this fiscal (till September-end).

The state government has asked the port promoters to commission second phase of the port operations by March 2013. GPL has already claimed to have achieved financial closure of Rs 1,400 crore for the first stage of Phase-II of the deep sea port with the signing of loan agreement with a consortium of 11 banks.

The port at Subarnarekha river mouth, proposed by Chennai-based Creative Port Development, has seen investment of Rs 221 crore.

Creative Port Development had inked an MoU (Memorandum of Understanding) with the state government on December 18, 2006 for setting up a port with an initial capacity of 10 million tonnes per annum (mtpa) which was to be scaled up to 40 mtpa in 10 years.

The port developer had also entered into a concession agreement with the state government on January 11, 2008. As per this agreement, the port developer would share revenue with the state government at the rate of five per cent from first to fifth year, eight per cent from sixth to 10th year, 10 per cent from 11th to 15th year and 12 per cent for the remaining 15 years.

The port at Astaranga in Puri district has witnessed an investment of Rs 50 crore over the past four years.

The port project is being taken up at a cost of Rs 6,500 crore. The initial capacity of the port will be 25 mtpa which will be eventually scaled up to 70 mtpa. The state government had entered into an MoU with Hyderabad-based Navyug Engineering Ltd on December 22, 2008.

The project proponent had signed a concession agreement with the state government in November 2010.

1400 crore plan to connect six new ports to the National Highways

Astaranga, Puri (Navayuga interested), Balasore, Baliharchandi, Puri (many interested), Bhadrakh, Choumukha-Kirtania, Balasore (Creative ports, Chennai interested), Chudamani, Bhadrakh (Birlas interested), Dhamara port (under constr.), Ganjam, Gopalpur port (under constr.), Puri, Roads, highways and Bus stands, Sambada (in Odia) 2 Comments »

The six new ports are Kirtania (Balasore district), Chudamani (Bhadrak district), Dhamara (Bhadrak district), Astaranga (Puri district), Baliharchandi (Puri district) and Gopalpur (Ganjam district).

Following is a report from Sambada.

Navayuga signs agreement with Odisha government for Astaranga port

Astaranga, Puri (Navayuga interested), Puri No Comments »

Following is from http://www.tathya.in/news/story.asp?sno=4742.

… The Managing Director of the Construction Major, Navayuga Engineering Company Limited (NECL) after signing the Concession Agreement said that “the dynamics of the areas in the vicinity of 80 Kilometres of Astaranga in Puri will be energized”.

… “A Detailed Project Report (DPR) will be prepared by NECL within a year”, said he.

Mr.Sridhar signed the CA on behalf of NECL with the Government of Odisha to set up a port with a capacity of 25 Million Tonne Per Annum (MTPA) at an investment of Rs 6,500 crore in Puri district.

Gagan Kumar Dhal, Principal Secretary of the Department of commerce & Transport (DOCT) singed CA on behalf of Government of Odisha.

… Mr.Dhal said “All out support will be extended to the promoter of the deep water port being developed with ultimate capacity of 60 MTPA, which will be operational within four years of land acquisition”.

Astaranga Port would be full-fledged all weather multi-user port on BOOST (build, own, operate, share and transfer) basis, Mr.Dhal added.

The port would carter to ultimate vessel size of 1.75 lakh DWT Dead Weight Tonnage (DWT), he said.

The company would share with the State Government its gross income with 5 per cent share in the first five years, 8 per cent in 6th-10th year and 10 per cent in 10th-15th year.

It would share 12 per cent of share from income on 16th year when lease period ended, Dhal said.

Astaranga Port project, which would generate a large number of direct and indirect employment.

As per the stipulated policy of the Government of Odisha,90 per cent of the total requirement of unskilled and semi skilled manpower would come from locals.

The Developer would take 60 per cent of local people in skilled category, said Mr.Dhal

Similarly, a minimum of 30 per cent of supervisory and managerial level would be drawn from locals and it was allowed to hire senior executives from open market, Mr. Dhal added.

The port will have a Service Corridor of 90-km long rail and road connectivity.

While for road connectivity, it will be connected to the nearest National Highway and connectivity for rail will be taking off from Barang Railway Station, revealed P A Venkateswaran, Resident Director NECL.

In order to promote private ports the State Government has already signed Concession Agreements with three other companies to develop port facilities at Gopalpur in Ganjam district, Dhamra in Bhadrakh district and Chaumukh in Balasore district.

Samaja’s Shilpayana Supplement: New ports to come up in Odisha

Astaranga, Puri (Navayuga interested), Bahabalpur, Balasore (unlikely), Bahuda Muhana, Ganjam (many interested), Baliharchandi, Puri (many interested), Barunei, Kendrapada (many interested), Chandbali, Chandipur, Balasore (Unlikely), Choumukha-Kirtania, Balasore (Creative ports, Chennai interested), Chudamani, Bhadrakh (Birlas interested), Dhamara port (under constr.), Gopalpur port (under constr.), Inchudi, Balasore (many interested), Inland waterways, Jatadhari port (POSCO), National Waterway 5, Palur, Ganjam (Future metals interested), Paradeep port, State river routes, Talsari (Bichitrapur) - JSW interested No Comments »

Existing, Under Construction and planned ports of Orissa

Astaranga, Puri (Navayuga interested), Bahabalpur, Balasore (unlikely), Bahuda Muhana, Ganjam (many interested), Balasore, Baliharchandi, Puri (many interested), Barunei, Kendrapada (many interested), Bhadrakh, Chandbali, Chandipur, Balasore (Unlikely), Choumukha-Kirtania, Balasore (Creative ports, Chennai interested), Chudamani, Bhadrakh (Birlas interested), Dhamara port (under constr.), Ganjam, Gopalpur port (under constr.), Inchudi, Balasore (many interested), Jagatsinghpur, Jatadhari port (POSCO), Kendrapada, Overall Odisha, Palur, Ganjam (Future metals interested), Paradeep port, Puri, Talsari (Bichitrapur) - JSW interested 1 Comment »

Update:Tathya has a recent report on who is pursuing which port. Following is a table based on that info.

Port Company Interest in it
Talsari (Bichitrapur) JSW interested.
Kirtania (Subarnarekha mouth) Creative Ports signed MOU.
Bahabalpur DOD approval needed.  ???
Chandipur Defense Department objects.???
Inchudi IL&FS interested.
Chudamani Aditya Birla Group signed MOU.
Dhamara Tata Steel, L & T JV
Barunei Muhana Arcelor Mittal; Adhunik Metallics; SPI ports; Sical logistics; Mundra ports.
Paradeep Exists. PPL
Jatadhari Posco
Astaranga Navayuga group signed MOU. Shipyard proposed.
Baliharchandi Shyam group interested.
Palur Future metals; shipyard proposed.
Gopalpur OSL; shipyard proposed.
Bahuda Muhana (Sonapatipur) shipyard proposed. ???

 

MOU signed with Navayuga group for a port in Astaranga

Astaranga, Puri (Navayuga interested), Puri, Railways 5 Comments »

Following is an excerpt from a report in Pioneer.

… the CVR Navayuga Group on Monday inked an MoU sign with the State Government to develop a Greenfield port at Astaranga in Puri at a investment of Rs 6,000 crore. Astaranga is one of the 13 sites identified by the State Government for development of minor ports in the State.

… Chief Minister Naveen Patnaik said Navayuga Engineering had plans to invest Rs 1,500 crore in Phase 1 at Astaranga with a capacity of to move 25 million tones of cargo. "With the completion of the Phase -II and Phase-III, the total investment made at the location will be Rs 6,000 crore with a capacity of 60 million tonne," he said, adding that the project was estimated to yield revenue of Rs 20 crore per annum for Government during Phase-1 and Rs 1,000 crore per annum by the completion of Phase -III.

The project in its entirety shall be implemented over a period of eight years with Phase-1 being completed within 48 months. 10, 000 jobs will be created. The scope of the project also includes construction of a 50-km rail link to connect Astaranga with mainline at Khurda via Sakhigopal.

A report in Hindu has some more details. Following are excerpts.

The Hyderabad-based Navayuga Engineering Company has entered into a memorandum of understanding (MoU) with the Government of Orissa for the development of a modern deep water, all-weather, alongside-berthing, mechanised port at the Astaranga area located in Puri district, according to a company release. 

The MoU was entered on a build, own, operate, share and transfer (BOOST) basis. …

The first phase was planned to be made operational in four years. As per the concession agreement, all investment for the project should be arranged by the developer; the revenue share to the Government was fixed at five per cent for the first five years, eight per cent for sixth to 10th year, 10 per cent for 11th to 15th year and 12 per cent for the remaining period of 15 years.

The MoU had a provision of 30 years concession period and could be extended by an additional 20 years. The detailed concession agreement is to be signed within six months.

MOUs for ports at Chudamani and Astaranga to be signed

Astaranga, Puri (Navayuga interested), Bhadrakh, Bhubaneswar-Pipli- Astaranga, Birlas, Chudamani, Bhadrakh (Birlas interested), Puri No Comments »

Following is from a report in Steelguru.com.

BS reported that Orissa will set up a captive port at Chudamani in Bhadrakh district and an all weather multi user port at Ashtaranga in Puri district. It will sign MoUs with Essel Mining and Industries and Navyug Engineering, respectively for them.

Hyderabad based Navyug plans to invest INR 1,900 crore in the first phase for setting up the port at the mouth of the Devi river. While INR 1,500 crore will be invested for the port, INR 400 crore will be spent on railway connectivity. It will have a cargo handling capacity of 20 million tonnes per annum in the first phase.

Essel Mining will invest INR 1,500 crore to develop a port under a consortium of Aditya Birla Group companies for movement of cement, iron ore, thermal coal, limestone, gypsum, clinker, copper.

According to sources, it will have a cargo handling capacity of 2 million tonnes initially, to be enhanced to 10 million tonnes over a period of time.

A senior official of the state commerce & transport department said that "The chief minister has approved the proposal to sign MoUs with these two companies."

Various port proposals in the pipeline: Sambada

Astaranga, Puri (Navayuga interested), Bahabalpur, Balasore (unlikely), Balasore, Barunei, Kendrapada (many interested), Bhadrakh, Choumukha-Kirtania, Balasore (Creative ports, Chennai interested), Chudamani, Bhadrakh (Birlas interested), Ganjam, Inchudi, Balasore (many interested), Kendrapada, Palur, Ganjam (Future metals interested), Puri No Comments »

Progress on Astaranga and Kirtania ports: Dharitri

Astaranga, Puri (Navayuga interested), Balasore, Choumukha-Kirtania, Balasore (Creative ports, Chennai interested), Dharitri (in Odia), Puri No Comments »


Orissa proposes several sites to the central govt. for an international size shipyard

Astaranga, Puri (Navayuga interested), Bahuda Muhana, Ganjam (many interested), Gopalpur port (under constr.), Odisha govt. action, Palur, Ganjam (Future metals interested) 1 Comment »

Following is from http://pib.nic.in/release/release.asp?relid=36827.

RAJYA SABHA

There is a proposal for setting up two international size shipyards, one on the East Coast and another on the West Coast of India. 

An international size shipyard may build and repair ships upto the size of Very Large Crude Carrier (VLCC) which has a carrying capacity of 300,000 Tonnes (DWT).  The shipyard may be located in a place which has 10-12 metres water depth at the jetty.  The international size shipyard may have at least two and preferably three big dry docks (2 for building and 1 for repair), a quayside length of at least 2.5 kms and various support facilities for building and assembly of ships.   

 

Maritime States were requested by the Ministry of Shipping, Road Transport and Highways to identify suitable location for setting up of international size shipyards, one each on the East Coast and West Coast of India respectively.  In response, the following locations have been suggested by the Maritime States: 
 

S. No. Name of State Site Proposed/Response of the State Government
1. Government of Karnataka Tadri Port (Kundle Beach) and Honne Beach under Belekeri Port
2. Government of Kerala Poovar in Thiruvananthapuram District onKerala-Tamil Nadu Border
3. Government of Orissa (i) Nuagarh (Astaranga) Distt. Puri (ii) Palur, Distt. Ganjam(iii) Gopalpur Port at Arjipalli, Chatrapur, Distt. Ganjam(iv) Bahuda Muhana (Sonepur), Distt. Ganjam
4. Government of Andhra Pradesh Vodarevu in Prakasam District
5. Government of West Bengal No specific site proposed as yet.
6. Government of Gujarat Government of Gujarat has proposed a few stretches such as Salaya, Jodiya, Mundra, Chanch and Pipavav and Tuna. 

   Upon receipt of the proposals from the State Governments, further information/clarifications have been sought by the Ministry of Shipping, Road Transport and Highways from the respective State Governments.   

The nodal agencies viz. Ennore Port Limited and Mumbai Port Trust have been authorized to appoint Consultants with clear terms of reference who inter alia, would identify 3 or 4 alternative sites each for setting up of shipyard on West Coast and East Coast of India respectively and also suggest optimal locations with detailed justification.  The process for appointment of Consultants has been initiated by the nodal agencies. 

 

 The following basic requirements are preferable for setting up of an international size shipyard: 

(i) The minimum land requirement of 1000-1500 acres and waterfront of about 2.5 Kms in length; 

(ii) Water draft of 10 to 12 metres;

(iii) The site location for the proposed shipyards to have good rail and road connectivity;

(iv) Contiguity to a Major Port situated within the State. 

This information was given  by the Minister of Shipping, Road Transport and Highways, Shri T.R. Baalu in a written reply in the Rajya Sabha today.

Puri collector starts groundwork for the proposed port in Astaranga

Astaranga, Puri (Navayuga interested), Puri, Samaja (in Odia) No Comments »

Agreement with Navayuga Engineering on Astaranga port expected

Astaranga, Puri (Navayuga interested), Puri 1 Comment »

Navayuga’s steel plant and port proposal

Astaranga, Puri (Navayuga interested), Ports and waterways, Puri, Steel No Comments »

Following is an excerpt from a report in Times of India.

“We have received a proposal from Navayuga group for a 12 MTPA capacity unit,” state secretary, steel and mines, U P Singh told TOI on Monday, confirming the development. Official sources disclosed that the Navayuga group is interested to set up a port-based steel facility, preferably at Astaranga in Puri district.

Chairman of Navayuga Engineering Company Limited ((NECL) C V Rao had earlier this year made a presentation before chief minister Naveen Patnaik about the groups plans to develop a port at Astaranga on a build-own-operate-share-transfer (BOOST) basis with an investment of Rs 6000 crore. But the company’s sudden keenness to make a foray into the booming steel sector, that too in a big way, has come as a surprise to many.

The group’s proposal for developing a port is in the final stages of getting approval, but the state government is yet to examine its application for setting up a mega steel plant, pointed out an official.

The land and water requirements as well as raw material linkage have to be studied. The proposal will be placed before the Single Window Clearance Authority headed by the chief secretary before a decision is taken, the official added.

The company had earlier requested the state government for 5000 acres of land for its port complex and other projects, including a 1320 (2 x 660) mega watt captive power plant, fly ash brick unit and desalinization facility.

The group had also suggested the government for construction of a 50-km railway link between Khurda Road to Astaranga via Sakhigopal at an investment of Rs 400 crore through the public-private-partnership mode, sources said.

Dharitri’s overview on various port projects in Orissa

Astaranga, Puri (Navayuga interested), Bahabalpur, Balasore (unlikely), Bahuda Muhana, Ganjam (many interested), Balasore, Baliharchandi, Puri (many interested), Barunei, Kendrapada (many interested), Bhadrakh, Birlas, Chandipur, Balasore (Unlikely), Choumukha-Kirtania, Balasore (Creative ports, Chennai interested), Chudamani, Bhadrakh (Birlas interested), Dhamara port (under constr.), Ganjam, Gopalpur port (under constr.), Inchudi, Balasore (many interested), Jagatsinghpur, Jatadhari port (POSCO), Kendrapada, Palur, Ganjam (Future metals interested), Paradeep port, Ports and waterways, Puri No Comments »

Dharitri has a nice overview (page1, page2, page3) of the status of the various ports that Orissa plans to have. Following are some highlights from that report.

The article says that the Balasore district ports face problems from the Dept. of Defense because of the missile testing range nearby. The article does not mention the following plan: