imported>Chandan Guha: Kirtania port

2021-05-26T00:18:25Z

Kirtania port

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 {{Use dmy dates|date=August 2019}}
 '''Subarnarekha port''' formerly known as '''Kirtania port''' is a deep-water, all-weather [[port]] proposed to be constructed at the mouth of [[Subarnarekha River]] in [[Balasore district]] in the [[India]]n [[States and territories of India|state]] of [[Odisha]]. The foundation stone for the port was laid in 2019.<ref name="thehindu-1">{{cite web |title=Foundation stone laid for Subarnarekha port in Odisha |url=https://www.thehindu.com/news/national/other-states/foundation-stone-laid-for-subarnarekha-port-in-odisha/article26262854.ece |website=The Hindu |accessdate=12 February 2020 |language=en-IN |date=14 February 2019}}</ref>
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 ==Geography==
-Kirtania is located at {{coord|21.561210|N|87.329280|E |source:yahoomaps_region:IN|display=inline,title}} at Chaumukh village.
+Kirtania is located at {{coord|21.561210|N|87.329280|E |source:yahoomaps_region:IN|display=inline}} at Chaumukh village.
 ==Port development==

>Chandan Guha: Category restored

2021-02-01T00:43:01Z

Category restored

New page

{{Use dmy dates|date=August 2019}}
'''Subarnarekha port''' formerly known as '''Kirtania port''' is a deep-water, all-weather [[port]] proposed to be constructed at the mouth of [[Subarnarekha River]] in [[Balasore district]] in the [[India]]n [[States and territories of India|state]] of [[Odisha]]. The foundation stone for the port was laid in 2019.<ref name="thehindu-1">{{cite web |title=Foundation stone laid for Subarnarekha port in Odisha |url=https://www.thehindu.com/news/national/other-states/foundation-stone-laid-for-subarnarekha-port-in-odisha/article26262854.ece |website=The Hindu |accessdate=12 February 2020 |language=en-IN |date=14 February 2019}}</ref>

==Background==
For over 40 years there was only one major port in [[Odisha]], at [[Paradip]] with less major ports at [[Gopalpur-on-Sea|Gopalpur]] and [[Dhamra Port]]. That picture has changed dramatically in the past few years.<ref>{{cite web|url =http://www.thehindubusinessline.com/2009/12/14/stories/2009121451090500.htm |title = Orissa to become a State of ports | publisher = The Hindu Business Line, 14 December 2009 | accessdate = 2010-04-27 }}</ref>

Based on a study by [[IIT Madras]], the Government of Odisha had identified 13 locations along the state's {{convert|480|km}} coast line as suitable for setting up of ports. Thereafter, in order to facilitate the setting up of new ports with participation of private parties the state government had formulated in 2004 a separate port policy.<ref>{{cite web|url =http://www.business-standard.com/india/news/port-development-likely-to-suffer/344710/ |title = Port development likely to suffer | publisher = Business Standard, 30 December 2008 | accessdate = 2010-04-27 }}</ref>

Apart from the [[Port of Dhamara|Dhamra port]], which is set to be operational by mid-2010, progress has been achieved in setting up three other ports – Kirtania port at Subarnarekha mouth, [[Astaranga]] port in Puri and Chudamani port in Bhadrak. After implementation of these projects, Odisha is expected to become the vital exit point for not only the state, but other land-locked states like Chhattisgarh, Jharkhand and Madhya Pradesh.<ref>{{cite web | url = http://orissakhabar.in/2009/12/10/dhamra-port-to-be-operational-by-mid-2010/ | title = Dhamra port to be operational by mid-2010 | publisher = Statesman News Service | accessdate = 2010-04-27 | url-status = dead | archiveurl = https://web.archive.org/web/20101030192059/http://orissakhabar.in/2009/12/10/dhamra-port-to-be-operational-by-mid-2010/ | archivedate = 2010-10-30 }}</ref>

==Geography==
Kirtania is located at {{coord|21.561210|N|87.329280|E |source:yahoomaps_region:IN|display=inline,title}} at Chaumukh village.

==Port development==
The Government of Odisha has signed a memorandum of understanding with Chennai-based Creative Port Development Pvt. Ltd. For the development of a deep-water, all-weather project at Kirtania at the mouth of the Subarnarekha. The Kirtania Port project was being taken up on a 50-year build, own, operate, share and transfer (boost) basis. The development would include a dedicated rail cum road connection from the port to the [[National Highway 5 (India)|NH 5]] and rail network at [[Jaleswar]]. The port will have an initial capacity to handle 10 million tonnes per year.<ref>{{cite web|url = http://www.orissadiary.com/ShowBussinessNews.asp?id=3556 |title = Govt sign MOU to set up port in river Subarnarekha at Kirtania| publisher = |accessdate = 2010-04-24 }}</ref><ref>{{cite web|url = http://www.ltramboll.com/portspg.htm|title = DEVELOPMENT OF PORT AT SUBARNAREKHA|publisher = |accessdate = 2010-04-24 }}</ref>

The work on the proposed port has been delayed because of a legal tussle between the promoters and venture capital investors of the company. The Promoter aggrieved by their Venture partners had filed an oppression & Mismanagement case under sec 397,398 & 402 of the Companies Act 1956 in the Company Law Board(CLB). The CLB has given a verdict in favour of the promoter shareholders. The Venture Capitalist has been ordered to exit from the Promoter's Company as well as Kirtania Port Project at a price of Rs. 52.50 Crore.<ref>{{cite web|url = http://www.business-standard.com/india/news/workkirtania-port-may-start-soon/364209/ |title = Work on Kirtania port may start soon | publisher = Business Standard, 18 July 009 | accessdate = 2010-04-27 }}</ref>

==References==
{{reflist}}

{{Balasore district}}
{{Hydrography of Odisha}}

[[Category:Ports and harbours of India]]
{{Baleswar-geo-stub}}
{{India-transport-stub}}

Subarnarekha port - Revision history

imported>Chandan Guha: Kirtania port

>Chandan Guha: Category restored