Odisha planning ₹4,000-crore ship recycling hub near Paradip port, says top official
Paradip port and plans to establish two new ports in the state with private sector participation, a top official said.
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The government is also open to investments in setting up railway tracks to aid evacuation of minerals and coal, Hemant Sharma, principal secretary (industry department) of Odisha, told ET.
He said hydrogen manufacturing facilities in the state are expected to start production by 2026 end.
«There will be a major ship building and repair centre jointly with Paradip Port Authority (PPA),» Sharma said.
He said the proposed new ports with private participation will come up in Inchuri (North Odisha) and Bahuda (South Odisha), with a capacity of «at least 40 million tonnes each.»
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