Current Date: 27 Jun, 2025

₹18,000 Cr Boost: Adani & JSW Set to Revolutionize Odisha's Ports

Adani Ports and Special Economic Zone (APSEZ) and JSW Infrastructure are set to sign agreements with the Odisha government for the development of the Gopalpur and Jatadhar Muhan ports, involving a combined investment of approximately ₹18,000 crore. These strategic projects aim to strengthen Odisha’s industrial base, generate large-scale employment, and accelerate the state’s emergence as a logistics and industrial hub along India’s eastern coast.

APSEZ, India’s largest private port operator, will invest around ₹15,000 crore to expand and modernize Gopalpur Port, following its acquisition of a majority stake in Gopalpur Ports Ltd. (GPL) from the Shapoorji Pallonji Group. A comprehensive master plan will be submitted to the state government to transform Gopalpur into a world-class mega port.

Strategically located between Paradip and Visakhapatnam, Gopalpur Port benefits from strong connectivity via NH-16 and a dedicated rail link to the Chennai-Howrah mainline—facilitating operational synergies with APSEZ’s existing Dhamra and Gangavaram ports.

Currently, Gopalpur is a deep-water, multi-cargo port with a handling capacity of 20 million tonnes per annum. It primarily deals in dry bulk cargo such as iron ore, coal, and alumina. GPL operates under a 30-year concession agreement with the Odisha government, which includes a 7.5% revenue share.

 

News by Rahul Yelligetti.

 

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Source : projxnews