Adani group to expand Dhamra port cargo handling capacity

Image
IANS Kolkata
Last Updated : Nov 25 2014 | 9:52 PM IST

Eyeing an increased 100 million tonne cargo capacity by 2020, the Dhamra Port Company Limited - owned by the Adani Group - Tuesday announced it would pump in around Rs. 7,000 crore for expanding the cargo handling facility, an official said.

The money would be invested to fund the port's second phase of expansion involving an increase in the number of berths from two to 13, said company director Santosh Mahapatra.

Speaking to media persons on the sidelines of the eighth Logistics Colloquium organised by CII Eastern Region here, Mahapatra said clearances for the expansion work have been obtained.

"Work will start soon.. The target is to complete the expansion work in 30 months. It is part of our aim to increase our cargo capacity to over 100 million tonnes by 2020," he said.

Now, the port's handles cargo of around 12-13 million tonnes a year.

The Dhamra port in Odisha's Bhadrak district lies on the shore of the Bay of Bengal about seven kilometers from the old port of Dhamra.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 25 2014 | 9:40 PM IST

Next Story