Home » Business » Paradip Port Trust inked a concession agreement with Kalinga International Coal Terminal Paradip Private Limited

Paradip Port Trust inked a concession agreement with Kalinga International Coal Terminal Paradip Private Limited

Paradip:4/8/17: In an attempt to enhance its coal berthing infrastructure, Paradip Port Trust (PPT) today inked a concession agreement with Kalinga International Coal Terminal Paradip Private Limited (KICTPPL),

KICTPPL is a Special Purpose Vehicle (SPV) set up by Kakinada Seaports Ltd, Bothra Group, Visakhapatnam and Ripley Group, Kolkata for development of New Coal Berth for Handling Coal Imports in PPP Mode on Build, Operate and Transfer (BOT) basis

The new coal berth will to cater to the needs of import coal by the Steel Plant and Thermal Power Plants in the PPT hinterland.

The Concession Agreement was signed by Rinkesh Roy, Chairman, Paradip Port Trust on behalf of Paradip Port and Ajit Bothra, Director, KICTPPL in the presence of the senior officers of from both KICTPPL and Paradip Port Trust. PPT will provide supporting facilities like Capital & Maintenance dredging and Rail Connectivity to the Terminal. This Project will be developed on the northern side of the dock and is scheduled to be commissioned within 3 years.

 

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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