Dhamra port, which was promoted jointly by Tata Steel and L&T, has been acting as the operation and management consultant by the Gujarat-based port operator. Adanis’ plan to buy the Odisha Dhamra port now became a part of the Adani Port and Special Economic Zone (APSEZ), the group’s flagship, a listed entity. On the West Coast, APSEZ runs four ports – three in Gujarat (Mundra, Hazira and Dehaj) and one in Goa. APSEZ already runs a coal terminal at Visakhapatnam and it bagged a container terminal at Ennore (near Chennai) in 2014. It is also developing another terminal at Kandla.
For Adanis, the largest coal importer in the country, Dhamra is a strategic acquisition and it will be the group’s first full-fledged port on the eastern seaboard. …show more content…
This second phase of development will take the port’s capacity to more than 100 million tonnes by 2020 and therefore allow Adani Ports to fulfil its stated vision of becoming a 200 million tonne ports business well before the year 2020.
Mundra, the largest port in the country, recently crossed the 100 million tonne mark in annual cargo handling. The Adani group owns five ports and is developing ports in Kandla and Ennore.
Adani Ports is country’s largest port operator with its flagship Mundra Port in Gujarat being the largest commercial port in India. Tata Steel has entered into a long-term cargo handling pact with DPCL to secure long-term requirement and access to a deep-water port for its operations in Jamshedpur and Odisha.
The Dhamra port acquisition now gives us an opportunity to replicate the development and phenomenal growth of the Mundra port on the eastern coast of India and thereby continue to execute on our pan-India strategy.
Adani Group-owned Dhamra Port Company Limited (DCPL) will be investing around Rs. 7,000 crore on the second phase of expansion of Dhamra …show more content…
Dhamra needed 800 acres additional land in the second phase purely for port operations. The state commerce and transport department had earlier stipulated three conditions to lease out the land.
The port has lined up an investment of Rs 10,000 crore to augment capacity to 100 million tonne per annum (mtpa) from 25 mtpa. In the second phase, the port aims to handle diversified cargo.
First, the port has to achieve capacity utilisation of 70 per cent of Phase-I in accordance with clause 4.4 of the concession agreement. Second, it has to obtain environment clearance from MoEF for the proposed expansion. Third, DPCL has to get a no-objection certificate from the National Green Tribunal (NGT) for expansion of port limits. Of late, the government is understood to have done away with the capacity utilisation norm. Land allotment for the port would be done in accordance with a 'thumb rule' prepared by Rites Ltd, the engineering and consultancy arm of the Indian Railways. The thumb rule suggested by Riteswas allotting 50 acres land for every million tonne of cargo handling capacity proposed by a port
For Adanis, the largest coal importer in the country, Dhamra is a strategic acquisition and it will be the group’s first full-fledged port on the eastern seaboard. …show more content…
This second phase of development will take the port’s capacity to more than 100 million tonnes by 2020 and therefore allow Adani Ports to fulfil its stated vision of becoming a 200 million tonne ports business well before the year 2020.
Mundra, the largest port in the country, recently crossed the 100 million tonne mark in annual cargo handling. The Adani group owns five ports and is developing ports in Kandla and Ennore.
Adani Ports is country’s largest port operator with its flagship Mundra Port in Gujarat being the largest commercial port in India. Tata Steel has entered into a long-term cargo handling pact with DPCL to secure long-term requirement and access to a deep-water port for its operations in Jamshedpur and Odisha.
The Dhamra port acquisition now gives us an opportunity to replicate the development and phenomenal growth of the Mundra port on the eastern coast of India and thereby continue to execute on our pan-India strategy.
Adani Group-owned Dhamra Port Company Limited (DCPL) will be investing around Rs. 7,000 crore on the second phase of expansion of Dhamra …show more content…
Dhamra needed 800 acres additional land in the second phase purely for port operations. The state commerce and transport department had earlier stipulated three conditions to lease out the land.
The port has lined up an investment of Rs 10,000 crore to augment capacity to 100 million tonne per annum (mtpa) from 25 mtpa. In the second phase, the port aims to handle diversified cargo.
First, the port has to achieve capacity utilisation of 70 per cent of Phase-I in accordance with clause 4.4 of the concession agreement. Second, it has to obtain environment clearance from MoEF for the proposed expansion. Third, DPCL has to get a no-objection certificate from the National Green Tribunal (NGT) for expansion of port limits. Of late, the government is understood to have done away with the capacity utilisation norm. Land allotment for the port would be done in accordance with a 'thumb rule' prepared by Rites Ltd, the engineering and consultancy arm of the Indian Railways. The thumb rule suggested by Riteswas allotting 50 acres land for every million tonne of cargo handling capacity proposed by a port