Jindal Steel begins operations at new Paradip bulk terminal
Jindal Steel Limited has announced the start of commercial operations at the first phase of its Western Dock development at Paradip Port in Odisha, India, adding 12.5 million tonnes of annual cargo-handling capacity.
Operations commenced on 15 October 2026 through Jindal Paradip Port Limited (JPPL), a subsidiary of the Indian steel producer, following the completion of the project’s initial phase.
The development forms part of a larger port infrastructure project designed to provide a total annual capacity of 25 million tonnes across two phases.
Western Dock development progresses
The Western Dock project is being developed under a concession agreement between Jindal Paradip Port Limited and the Paradip Port Authority, using a Build-Operate-Transfer (BOT) model.
According to Jindal Steel’s stock exchange disclosure, the first phase was required to achieve its commercial operation date by 16 October 2026, within 1,095 days of the concession award.
JPPL obtained the completion certificate for the first phase on 12 October, ahead of the contractual deadline, allowing commercial operations to begin on 15 October.
The development is intended to provide Jindal Steel with dedicated long-term access to port infrastructure, supporting its cargo-handling and transportation requirements.
Total project investment reaches INR 33.93 billion
Jindal Steel disclosed that the combined development cost of both phases amounts to INR 33.93 billion (INR 3,393 crore).
Of this amount, the company has invested INR 2.5825 billion (INR 258.25 crore) in equity. The project’s financing structure includes debt and equity funding from banks, financial institutions and promoters.
Both phases of the Western Dock development are progressing simultaneously. Once fully developed, the project is designed to provide 25 million tonnes of annual handling capacity.
However, only the first phase, with a capacity of 12.5 million tonnes per year, has entered commercial operation. The company has not specified a commercial operation date for the second phase.
The commissioning marks a new operational milestone for Jindal Steel’s investment in port infrastructure at Paradip, with the first phase now available to support the company’s long-term cargo transportation requirements.
