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IOC to invest Rs 50 bn on gas project

IOC to invest Rs 50 bn on gas project

Indian Oil Corporation (IOC) chose Dhamra coast in Orissa's Bhadrak district for setting up a natural gas terminal at an investment of Rs 5,000 crore. In future, IOC plans to raise the capacity of the terminal by above 10 million tonne per annum.

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Dhamra Port takes steps for environment protection

Dhamra Port takes steps for environment protection

Santosh Kumar Mohapatra, Chief Executive Officer of Dhamra Port Company (DPCL) said the port undertook several initiatives in the field of environment protection under the guidance of International Union for Conservation of Nature (IUCN). These include installation of special designed environment friendly and dark-sky friendly lighting system within the port premises

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DPCL may start Rs 100 bn expansion project in 2 years

DPCL may start Rs 100 bn expansion project in 2 years

Santosh K Mohapatra, Chief Executive Officer of Dhamra Port Company (DPCL) informed that the company may start second phase expansion of the port in two years. He said environment clearance for the project is in advanced stage. Once expansion for the second phase is begun, it would be completed

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Adani reportedly finanlises deal to acquire Dhamra Port

Adani reportedly finanlises deal to acquire Dhamra Port

At a recent meeting with L&T Chairman AM Naik and Tata GroupÂ’s new Chairman Cyrus Mistry, Adani Group Chairman Gautam Adani finalised the deal to acquire Dhamra Port Company (DPCL) in Odisha, reports suggest. During the meeting, the terms and conditions of the deal, which involves acquiring stakes of the construction major Larsen & Toubro (L&T) and Tata SteelÂ’s stakes in DPCL, was finalised

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Dhamra Port achieves record throughput

Dhamra Port achieves record throughput

The traffic throughput in October at Dhamra Port exceeded the one million tonne-mark reaching 1.17 million tonne for the first time in the last 18 months.The port could achieve this throughput because of improved productivity, handling of iron ore shipment and the diversion of dry bulk carriers from Haldia to Dhamra. Dhamra Port is run by Dhamra Port Company which is a joint