Paradip Port signs MoU with RITES

PARADIP: With a view to increasing productivity and to unearth the hidden potentials of revenue generation at the port, Paradip Port Trust (PPT), one of the fastest growing Major Ports in the East Coast, signed a Memorandum of Understanding (MoU) with the Rail India Technical & Economic Services (RITES), a Government of India enterprise under the Ministry of Railways, on May 2.

According to a media statement, Mr Rinkesh Roy, Chairman, Paradip Port Trust, and Mr Arbind Kumar, Director (Projects), RITES, signed the MoU in the presence of senior officials from both the Port Management (including Mr N Vaiyapuri, Deputy Chairman) and RITES.

According to a media statement, the MoU envisages the role of RITES as the Multipurpose  Disciplinary  Project Management Consultancy Services to Paradip Port for a period of five years for implementation of various Civil, Mechanical and Electrical works of the Port, in similar lines of some other Major Ports & PSUs.

Source: - Dailyshippingtimes.com