{"id":144768,"date":"2025-10-29T20:29:16","date_gmt":"2025-10-29T14:59:16","guid":{"rendered":"http:\/\/indusvalleytimes.com\/news\/?p=144768"},"modified":"2025-10-29T20:30:16","modified_gmt":"2025-10-29T15:00:16","slug":"paradip-port-showcases-strategic-growth-at-india-maritime-week-2025","status":"publish","type":"post","link":"https:\/\/indusvalleytimes.com\/news\/paradip-port-showcases-strategic-growth-at-india-maritime-week-2025\/","title":{"rendered":"Paradip Port Showcases Strategic Growth at India Maritime Week 2025"},"content":{"rendered":"\n

PPA Signs Five MoUs Worth <\/strong>Rs2,300 Crore to Boost Maritime Development<\/strong><\/p>\n\n\n\n

By Pravakar Sahoo<\/strong><\/p>\n\n\n\n

Mumbai, Oct. 29:<\/strong> The Odisha State Session at India Maritime Week 2025 highlighted Paradip Port Authority\u2019s (PPA) strategic initiatives to drive maritime and industrial growth, as the port signed five major Memoranda of Understanding (MoUs) worth over Rs2,300 crore with key partners from government and industry.<\/p>\n\n\n\n

The agreements, announced on October 27, aim to enhance port connectivity, coastal tourism, logistics infrastructure, and green energy initiatives\u2014cementing Odisha\u2019s position as an emerging maritime hub on India\u2019s east coast.<\/p>\n\n\n\n

Odisha Chief Minister Mohan Charan Majhi attended the event and visited the Paradip Port Authority\u2019s exhibition stall, where he was received by P. L. Haranadh, Chairman, PPA. The Chief Minister reviewed ongoing projects and discussed the proposed Bahuda Port, the Puri Cruise Terminal, and Paradip\u2019s expanding role in advancing India\u2019s Blue Economy.<\/p>\n\n\n\n

Among the five MoUs signed, the Puri Cruise Terminal Project (Rs500 crore) between PPA and the Odisha Maritime Board aims to develop coastal tourism and passenger connectivity. The Bahuda Port Rail Connectivity Project (Rs1,000 crore), inked with Paradip Railway Corporation Ltd., will strengthen cargo evacuation infrastructure.<\/p>\n\n\n\n

In addition, PPA partnered with Indian Port Rail & Ropeway Corporation Ltd. for a Rs300-crore Maritime Museum and Logistics Park, designed to boost both heritage tourism and trade efficiency. A Rs280-crore Cargo Export\/Import Project with IFFCO will support fertilizer trade and logistics, while the Rs263-crore Green Hydrogen Mobility Project with NTPC underscores Paradip\u2019s shift toward clean energy and sustainable port operations.<\/p>\n\n\n\n

\u201cThese strategic collaborations reflect PPA\u2019s commitment to innovation and sustainable development in line with the Government of India\u2019s Maritime India Vision 2030,\u201d said Chairman Haranadh, emphasizing the port\u2019s focus on technology-driven and inclusive growth.<\/p>\n\n\n\n

With these initiatives, Paradip Port continues to expand its footprint as a key player in India\u2019s maritime transformation, anchoring Odisha\u2019s growing prominence in global trade and green logistics.<\/p>\n","protected":false},"excerpt":{"rendered":"

PPA Signs Five MoUs Worth Rs2,300 Crore to Boost Maritime Development By Pravakar Sahoo Mumbai, Oct. 29: The Odisha State Session at India Maritime Week 2025 highlighted Paradip Port Authority\u2019s<\/p>\n","protected":false},"author":1,"featured_media":144769,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[1,13,46],"tags":[27844,616,7560],"class_list":["post-144768","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","category-business","category-top-stories","tag-india-maritime-week-2025","tag-mou","tag-paradip-port"],"yoast_head":"\nParadip Port Showcases Strategic Growth at India Maritime Week 2025<\/title>\n<meta name=\"description\" content=\"Paradip Port Showcases Strategic Growth at India 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