Adani Group-controlled Dhamra Ports Company Ltd (DPCL) has initiated work on its second phase of expansion, after getting advance possession of 740 acres of land from the Odisha government.
Dhamra Port Company Ltd (DPCL) is an equal joint venture (JV) between the Tatas and Larsen & Toubro (L&T). DPCL is implementing the Dhamra port development project. The port has sought 745 acre of land to facilitate its second phase expansion. This project phase is likely to cost Rs 10,000 crore.
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
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
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
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