Adani Ports and Special Economic Zone (APSEZ) and JSW Infrastructure are set to sign agreements with the Odisha government for the development of Gopalpur and Jatadhar Muhan ports, with a combined investment of about Rs 18,000 crore. These strategic projects are expected to significantly boost Odisha’s industrial ecosystem, generate employment, and support the state’s vision of becoming a logistics and industrial hub on India’s Eastern coast.
APSEZ, India’s largest private port operator, will invest approx. Rs 15,000 crore in Gopalpur Port following its acquisition of a majority stake in Gopalpur Ports (GPL) from the Shapoorji Pallonji Group. APSEZ will submit a master plan to the state to transform Gopalpur into a mega port. Positioned between Paradip and Visakhapatnam, Gopalpur is well-connected by NH-16 and a railway line linking it to the Chennai-Howrah mainline, creating synergies with APSEZ’s Dhamra and Gangavaram ports.
Gopalpur Port, a deep-water, multi-cargo port with a 20 million tonne capacity, handles dry bulk cargo such as iron ore, coal, and alumina. GPL operates under a 30-year concession with the Odisha government, including a revenue share of 7.5 percent.