Dhamra port hopes to get land soon for expansion.

Adani Group owned Dhamra Port Company Ltd. (DPCL) expects to get land soon for its second phase expansion. The Phase-II expansion estimated to cost Rs. 10,000 crore, would add 11 new berths to the port and also raise its capacity four fold to 100 million tonne, up from 25 million tonne presently.

'We had requested the state government for allotment of 736 acres of land for our second phase expansion. The land allotment has been approved by the state government and we hope to get the land soon. The expansion plan involves adding 11 new berths to the port,' said Santosh K Mohapatra, director at DPCL after a meeting with Odisha chief secretary G C Pati.

In May this year, Adani Ports & Special Economic Zone (APSEZ), part of the Adani Group, had acquired Dhamra Port Company Ltd (DPCL) for Rs. 5,500 crore.

Prior to the acquisition, DPCL was run as a 50:50 joint venture between Tata Steel and L&T Infrastructure Development Projects Ltd. In one of the biggest port sector deals in recent years, APSEZ has gained a foothold in the eastern sector through the acquisition.


BS