Request for change in cargo will require approval from the Shipping Ministry, say sources
JSW Infrastructure Ltd, the port unit of Sajjan Jindal-led JSW Group, has sought permission from the Centre-owned Paradip Port Authority to handle “other cargoes” at its soon-to-be-commissioned coal export terminal at the port located in Odisha, government sources said.
The development is a sign that coal terminal operators are skeptical about the future and viability of their facilities that are typically awarded for a concession period of 30 years as the world pivot towards renewables to deal with climate change goals, drastically cutting the usage of fossil fuels such as coal.