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Dhamra Port, Bhadrak, Odisha is a deep-water, all-weather, multi-user, a multi-cargo port located between Haldia and Paradeep ports on India's eastern coast. [49] It was acquired by Adani in 2014 for Rs 5,500 crore which was the largest port sector deal at the time. [49] It can handle dry bulk, breakbulk, project cargo, and containers. [50]
The Dhamra Port is a port in Bhadrak district, Odisha, India, on the shore of the Bay of Bengal about seven kilometres from Dhamra town. The agreement to develop the port was signed in April 1998. The Dhamra Port Company Limited (DPCL) was formed as a result of a 50:50 joint venture between Larsen & Toubro and TATA Steel to run the port. [2]
NEW DELHI (Reuters) -Adani Group founder Gautam Adani responded for the first time on Saturday to allegations by U.S. authorities that he was part of a $265 million bribery scheme, saying that his ...
In 2018, the Dhamara Port Company Limited (DPCL), run by the Adani Group, forwarded a proposal to the Odisha government to set up an airport to boost commercial activities near the Dhamra port. The Odisha government accorded in-principle approval in September 2018 and sought a detail project report. [ 1 ]
DFC last year said it would provide $553 million in financing for the port terminal project, which is partly owned by the Adani Group. The company, however, said the Colombo West International ...
Dhamra Port was a 50:50 joint venture between Tata Steel and L&T Infrastructure Development Projects, which has been acquired by Adani Ports. The port began operations in May 2011 and handled a total cargo of 14.3 Mt in 2013–14. [35] With the acquisition of Dhamra Port, the group is planning to increase its capacity to over 200 Mt by 2020 ...
NEW DELHI (Reuters) -Indian billionaire Gautam Adani has been indicted by U.S. prosecutors for his alleged role in a $265 million scheme to bribe Indian officials, plunging his conglomerate deep ...
The port was used for the coastal trade between northern Odisha and Kolkata to the northeast, and continued to be used to a small extent after independence in 1947. During April, 1998, an agreement was signed to develop the Port of Dhamara , about seven kilometers away on the coast of the Bay of Bengal , as a deep water port.