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APSEZ-owned Dhamra port to develop industrial park over 2,000 acres

APSEZ-owned Dhamra port to develop industrial park over 2,000 acres

In news:

Dhamra Port Company Ltd (DPCL), a fully owned subsidiary of Adani Ports & Special Economic Zone (APSEZ), has asked for 2,000 acres from the Odisha government to develop an industrial park. DPCL has volunteered to be the anchor tenant for the industrial park. 

  • The park would help attract investments in port-based, agro-based and food processing industries.
  • The Odisha government had earlier announced its plan to develop a Special Investment Region (SIR) around Dhamra over 7,500 acres. But, acquiring such a large patch of contiguous land was not feasible. The cost of developing infrastructure for the proposed zone was pegged at Rs 31 billion. Of this, the Centre is set to contribute Rs 18.44 billion, and the remaining Rs 12.56 billion will be borne by the state government.

Dharma port:      

Dhamra is one of the deep draft ports of India with a draft of 18 meters, which can accommodate super cape-size vessels up to 180,000 DWT. It is an all-weather, multi-user, multi-cargo port with a potential to handle more than 100 MMTPA of dry bulk, liquid bulk, break bulk, containerised and general cargo.
It is poised to become the largest and most efficient port in the East coast of India.

Dhamra is identified as one of the three key manufacturing hubs by the state industries department, aside from Kalinganagar and Paradeep. Separately, DPCL is pursuing its next phase of expansion. The massive expansion plan would see the port capacity going up to a staggering 300 million tonnes per annum (mtpa), making it the largest port in the country.

Adani Group is an Indian multinational conglomerate company headquartered in AhmedabadGujaratIndia. Its diversified businesses include resources, logisticsagribusiness and energy sectors. The Group is the largest port developer and operator in India with Mundra Port being a commercial port. It owns Fortune, India’s largest edible oil brand through a joint venture with Wilmar International in Singapore. The Flagship Company of the Adani group is Adani Enterprises Limited.

In April 2014, it added the 4th unit of 660 MW at itsTiroda Power plant, making Adani power the largest private power producer of the country. In 2015, Adani was ranked India's most trusted infrastructure brand by The Brand Trust Report 2015.

The company was founded in 1988 as a commodity trading business. First generation entrepreneur Gautam Adani is the founder & chairman of Adani Group.