CCEA approves deepening, optimisation of inner harbour facilities at Paradip Port ANI | Updated: Dec 30, 2020 18:01 IST New Delhi [India], December 30 (ANI): The Cabinet Committee on Economic Affairs has approved the project Deepening and Optimization of Inner Harbour Facilities including Development of Western Dock on Build, Operate and Transfer (BOT) basis under Public-Private Partnership (PPP) mode to handle cape size vessels at Paradip Port. The estimated cost of the project is Rs3,004.63 crores, which includes the development of the new Western Dock on BOT basis and capital dredging by the selected Concessionaire at a cost of Rs.2,040 Crore and Rs 352.13 crores respectively; and Paradip Port's investment will be to the tune of Rs.612.50 crores towards providing Common Supporting Project Infrastructure, as per an official release.