Home ODISHA LATEST Phailin caused Rs 442 cr loss to Gopalpur, Paradip ports: Minister

Phailin caused Rs 442 cr loss to Gopalpur, Paradip ports: Minister

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OST Bureau
Bhubaneswar, Dec 7:

subrat taraiParadip Port and Gopalpur Port have together incurred losses worth Rs 442.21 crore due to the cyclonic storm Phailin, which had wreaked havoc in 18 district of the state in October.

In a written reply to the state assembly on Saturday, Commerce and Transport Minister Subrat Tarai said; “As per the information collected from the Gopalpur port officials, there has been widespread damage due to the cyclonic storm Phailin.The preliminary survey shows the loss sustained at around Rs 360 crore and the survey work is underway by different international survey companies”.

He informed that a report will be prepared in two weeks about the actual loss and the resumption of port operations on the basis of information received from Gopalpur Ports Limited.

Paradip Port has sustained a loss of Rs 82.71 crore on account of damage to port properties and lost Rs 3.59 crore towards indirect revenues due to closure of port operations.

The port and its surrounding areas have suffered extensive losses due to Cyclone Phailin, including nearly 40, 000 trees that were uprooted. But work is on to restore the two roads that had caved in , a Port official said.

The Port had shut all cargo operations, plants and machinery and put in place a contingency plan to meet any eventuality during Cyclone Phailin.

Paradip Port serves the eastern and central parts of the country and its hinterland extends to Odisha, Jharkhand, Chhattisgarh, West Bengal, Madhya Pradesh and Bihar.

The Port mainly deals with bulk cargo apart from other clean cargoes and had seen unprecedented growth in the traffic handled in the last decade carrying out round the clock operations for 365 days.