JSW Infrastructure, a private Indian port operator, has commissioned a new iron ore terminal in Paradip port. The facility features 370m of berth line, offers a capacity of 18 million tonnes a year and has been built to handle Capesize bulk carriers transporting iron ore and pellet exports. The terminal can load these vessels at a rate of 100,000 tonnes a day.
Paradip Port Trust has awarded JSW Infrastructure the right to develop the fully mechanised iron ore terminal on a Build, Operate and Transfer (BOT) basis for a 30 year period. The facility is designed to reduce transportation costs and help make Indian ports more competitive, the company suggests.
With the commissioning of the new terminal, JSW Infrastructure now has a total cargo throughput capacity of more than 100 million tonnes a year. The company says it plans to invest further to achieve a target capacity of 200 million tonnes a year in the next three years. This expansion, it says, will be delivered through a variety of brownfield and greenfield site projects.