Rs 10,000 cr to be invested for Dhamara Port’s Expansion
TNI Bureau: Dhamara Port in Bhadrak district will invest Rs 10,000 crore for its second phase expansion. The construction work is likely to start within two years and complete in five years. The decision for investment was taken after port CEO Santosh Mohapatra met Chief Secretary BK Patnaik on Tuesday.
Dhamra Port is a major newly developed Port in Odisha on the shore of the Bay of Bengal. The Dhamra Port Company Limited (DPCL) is a joint venture (50:50) between Larsen & Toubroand TATA Steel. The port had received its first vessel on February 8, 2010 and the first commercial vessel on April 10, 2011.
After the expansion in second phase, the capacity of the port will increased to 100 million tonnes per annum (MTPA) from current 25 MTPA. After the completion of the expansion, the port will be able to have container cargo, liquid cargo, LNG (liquefied natural gas) and crude oil.