The Hindu Business Line : Paradip port to allot land to Deepak Fert

Paradip Port Trust (PPT) has decided to allot 39 acres of land to Deepak Fertilisers & Chemicals Ltd keen to set up in the port area an ammonium nitrate fertiliser plant with an estimated capacity of 2.5 to three lakh tonnes annually.

Deepak Fertilisers, it is learnt, will utilise the facilities of Paradip port for importing the raw material and exporting the finished product. More than a lakh tonnes of liquid ammonia will have to be imported annually and the company, it is learnt, will use Paradeep Phosphates Ltd's (PPL) captive jetty in the port to handle the import.

Also, PPL's storage tank will be used for storing the imported chemical.

There will be pipeline network connecting the storage tank with the producing plant, for transporting the chemical.

The port facility, it is learnt, will also be used to export the bulk of the production, an estimated 1.5 to two lakh tonnes, while the balance quantity is to be evacuated by rail/road for sale in the domestic market.

Reliance Petroleum too is keen to acquire about 30 acres of land in the port area to set up the facility for storing petroleum products to be routed through the port for marketing in the Orissa region.

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