Aditya Birla Group inks MoU with Orissa Government

ABG.jpgThe Aditya Birla group, a Mumbai-based multinational conglomerate, today signed a MoU with Orissa government for setting up of a 10 MTPA capacity sea port on Build Own Operate (BOO) basis in Bhadrak district at an investment of Rs 1500 crore.

The port, which will be established at Chudamani in Bhadrak district, would have 3 three million tons per annum (MTPA) in the first phase. The port will be further expanded to 10 mtpa.

According to an official release, the port will have two berths, and will handle bulk cargo such as cement, aluminum, iron ore, thermal coal, limestone, gypsum, clinker and copper.

About 5000 professionals are expected to get direct and indirect employment in the port, which will be connected by a rail corridor from Markona Station to port site.