The Shapoorji Pallonji Group, that has became majority shareholder of Gopalpur Port in 2017, is planning to expand its capacity to 55 million tonne (MT) by 2025, a senior company official said Thursday.
Strategically located between Paradip port in the north and Vishakapatanam in the south, Gopalpur Port is expected to bring about a change in cargo movement pattern once functional.
In 2017, the Shapoorji Pallonji Group got a controlling stake in Gopalpur Port and undertook a Rs 2,000 crore programme to enhance its capacity to 20 million tonne, a company official said.
Odisha Chief Minister Naveen Patnaik Thursday inaugurated the enhanced capacity of the port.
He said Gopalpur port will play a crucial role in economic development of Odisha, especially Ganjam and other southern districts of the state.
It will create direct and indirect employment for over 6,500 people, the chief minister said.
"Gopalpur port is expanding its capacity to 20 MT all-weather operations in this