L&T plans 2 greenfield ports in Gujarat, Orissa

Larsen & Toubro (L&T), plans to develop two greenfield ports in India. The company sees huge opportunities in this space as both east and west coasts face substantial increase in overall traffic and lack of handling capacities.

The company is looking to develop one port in Gujarat and another in Orissa, apart from the second phase expansion of Dhamra Port in Orissa, which is a joint venture with Tata Steel.

The project is at an initial stage of planning. We have zeroed in on a site in Gujarat, but yet to finalise the location in Orissa.

In the recent past, L&T has shown great interest in ports and shipping sectors. Apart from the Dhamra Port, the company has also been building a shipyard-cum-container port at Katupalli in Tamil Nadu in collaboration with the state government.