Archive · 22 Sep 2025
Odisha Signs MoU for New Ports, Shipbuilding Cluster
Odisha is planning to build new ports and a shipbuilding hub!
The government signed agreements to build a big port in Ganjam and a shipbuilding center in Kendrapara.
These projects will cost a lot of money and are designed to create jobs and make Odisha a leader in shipping and industry.
The state hopes these projects will help the economy grow.
MoUs signed for a satellite port in Bahuda, Ganjam district.
MoU signed for a shipbuilding cluster in Kendrapara district.
The Bahuda port will have a capacity of 150 mtpa.
Total investment in the projects is in the range of Rs 46,200 crore.
The projects aim to boost Odisha's maritime and industrial sectors.
- Who
- Paradip Port Authority, Odisha Maritime Board, Sagarmala Finance Corporation
- What
- Signed MoUs for port and shipbuilding projects
- When
- Friday
- Where
- Kendrapara and Ganjam districts, Odisha
- Why
- To boost industrial and maritime sectors.
- Projects
- Bahuda satellite port, Shipbuilding cluster
- Location
- Kendrapara district, Ganjam district
- Investment (Bahuda port)
- Rs 21,500 crore
- Investment (Shipbuilding Cluster)
- Rs 24,700 crore
- Capacity (Bahuda port)
- 150 mtpa
- Signatories
- Paradip Port Authority, Odisha Maritime Board, Sagarmala Finance Corporation
