Chennai-based Creative Port Development (CPDL) and the Orissa government are expected to sign a concession agreement for the development of the Kirtania port project at Chaumukh village in Balasore district by June 2007.

The state government has engaged RITES to prepare the draft concession agreement. The port project to be spread over 1,018 acres of land will be developed under the BOOST (built, own, operate, share and transfer) basis in three phases, with a total investment of Rs.2,000 crore.

Phase I will include four berths and will have facilities to handle 14 million tonne of cargo, will be completed by 2010. The third phase will be completed by 2031 with facilities to handle 50 million tonne of cargo and vessel size of 1.80 lakh DWT.

Apart from this, the company will build a 36 km rail line from Rupsa railway station to the Kirtania port, and a road connecting the port with the Kolkata-Chennai NH No 5, acquiring about 1300 acres. CPDL had submitted a detailed project report (DPR) to the government on 14 March 2007 and had signed a memorandum of understanding with the state government on 18 December 2006, for the development of the port.

Also See:

Orissa government signs MoU for deep water port (19-Dec-06)

Related Links:
Project details