Paradip Port to construct new berths

Mumbai: Paradip Port Trust chairman K. Raghuramaiah has announced plans for construction of two new berths to handle iron ore exports and coking coal imports within the next three years, reports the Hindu Business Line. The berths, estimated to cost Rs 900 crores ($203m) inclusive of handling facilities, are expected to boost the port capacity by 20m tonnes. Port authorities said that they would float the tender in the domestic market within the next few months.  [08/02/07]