Inland waterways authority of India (IWAI), government of Odisha, Paradip port and Dhamra port are set to an agreement today to develop a portion of national waterway 5, connecting Kalinganagar industrial area with ports of Paradip and Dhamra.
Paradip Port Chairman Sudhanshu Shekhar Mishra told Business Line , "we are signing the agreement today."
Kalinganagar, located in Jajpur district in coastal Odisha, houses Tata Steel plant.
The project cost needs to be updated. But an earlier detailed project report pegged the project cost at Rs 4,200 crore.