Subarnarekha port construction to begin soon
The construction of Subarnarekha port in Odisha will begin soon as the defence ministry has given its clearance for the project. Creative Port Private Ltd has proposed construction of an all-weather deep-draft commercial port at Subarnarekha River. Tata Steel has signed an agreement with the Chennai firm to pick up 51 per cent equity in the port project. The land acquisition for the project is already over as the state government had handed over 692.68 acre to the port developers. The port would have an initial capacity of 10 MTPA.