Paradip (Odisha) [India], April 2 (ANI): The Paradip Port Authority (PPA) achieved a historic milestone by joining the elite '155+ Million Metric Tonnes (MMT) Club.'

The port recorded its highest-ever cargo throughput of 156.45 MMT during FY 2025-26, marking a 4.01% growth compared to the previous financial year.

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This performance stands as the best in the port's history since it first became operational in 1966.

Despite challenging market conditions, such as a decline in export demand for iron ore and the West Asia crisis, which hampered the import of limestone and fertiliser raw materials, Paradip Port maintained its dominant position. It continues to lead in cargo handling among all major and non-major ports on the eastern coast of India.

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PPA also retains its status as the best-performing bulk port by registering the highest berth productivity in the country. At 35,059 MT per day per berth, its productivity is nearly double the national average of approximately 18,000 MT.

Strategic system improvements and enhanced operational efficiencies played a key role in driving this growth. Coastal cargo handling accounted for 42.06% of the total volume, reaching 65.81 MMT, establishing Paradip Port as the leading port in coastal shipping among Indian major ports.

During the fiscal year, Petroleum, Oil and Lubricants (POL) handling grew by 25.68%, while steel cargo recorded a strong increase of 43%. Additionally, coal handling rose by 4.44%, container traffic registered a growth of 7.77%, and flux handling increased by 18.32%. LPG handling surged by 105%, reflecting a well-rounded performance across all major cargo segments.

The Port's vast hinterland, rich in mineral resources such as iron ore, coal, and limestone, along with the presence of major steel plants and fertiliser industries, continues to drive cargo growth, including raw materials catering to fertiliser companies.

Among terminal operators, Kalinga International Coal Terminal Pvt. Ltd. recorded a 18.92% growth, while Paradip International Cargo Terminal Pvt. Ltd. achieved a 19.53% increase, both registering their highest-ever cargo volumes. PICT also contributed significantly to overall cargo handling performance.

Paradip Port has achieved its best-ever financial performance during the fiscal year 2025-26, setting new benchmarks in the history of Indian Major Ports.

The port has reported unprecedented growth across all key financial parameters, showcasing robust financial strength. For the first time in its history, Paradip Port's net surplus has crossed Rs. 2000 Cr. And the operating ratio has been 31%, which is the best to date.

Looking ahead, Paradip Port is focusing on expansion and sustainability. The 25 MMTPA Western Dock Project, being developed by M/s JPPL, is expected to be completed by 2026. Plans are also underway to establish a Green Hydrogen/Ammonia Export Terminal, aligning with future energy goals. PPA has initiated steps in FY 25-26 to modernise all berths by obtaining appropriate approvals. It will emerge as the first fully mechanised bulk port of the country well before 2030.

P. L. Haranadh, Chairman, Paradip Port Authority, congratulated all stakeholders, including exporters, importers, employees, staff unions, PPP operators, stevedores, and shipping agents, for their collective efforts in achieving this milestone. He expressed sincere gratitude to Sarbananda Sonowal, Union Minister of Ports, Shipping & Waterways, and Shantanu Thakur, Minister of State, for their guidance and leadership. (ANI)

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