We anticipate Dhamra to have 35 berths having 315 million tonne capacity. This will make it the largest port in India having an industrial cluster: Gautam Adani
Adani Group plans to convert the once sick Dhamra Port into country's biggest seaport with industrial park, and set up LNG and LPG terminals there.
"We anticipate Dhamra to have 35 berths having 315 million tonne capacity. This will make it the largest port in India having an industrial cluster," chairman Gautam Adani said on Thursday.
"In the next five years, Dhamra port would be a gateway to the Asean region," Adani said while addressing Make in Odisha conclave.
"We are seeking support of the authorities for building an industrial park in Dhamra in line with what we have built in Mundra port," Adani told a gathering where Odisha chief minister Naveen Patnaik was present.
Adani acquired Dhamra port two years ago and turned it around in 12 months.
"We have now added a massive 15-million-tonne berth, and as a result, our cargo handling increased by an astounding 52% last year. And by March, we are adding another berth, thus adding 50 million tonne in three years," he said while addressing Make in Odisha Conclave at Bhubaneswar.
Parallely, the group is investing Rs 5,200 crore for a 5-million-tonne LNG terminal and another Rs 2,300 crore for an LPG terminal of 2.5 million tonne.
"These two projects will change the face of Dhamra port," he said.
Apart from investing in port logistics, Adani is also creating infrastructure for the coastal and riverine movement of coal, which is found in abundance in this part of the country.
"We have also created 2 million tonne of coal movement capacity through National Waterway 5 (NW-5). This will be a game changer for transportation of coal across Brahmani river from Talcher to Dhamra. Consequently, this will allow coastal movement of coal along entire Indian coastlines," he told the gathering of industry captains like Sashi Ruia, Anil Agarwal, ITC COO Sanjiv Puri, among others.
The NW-5 consists of the stretches from Talcher to Dhamra on the Brahmani River - a distance of 265 kilometre.
Along with other planned investments like one in edible oil refiner AdaniWilmar, the group's investments in the state would rise to Rs 15,000 crore in the near future.
Adani's investment commitment was the biggest among other industry captains.
Saroj Poddar of Adventz group talked of putting in Rs 9,000 crore for a brownfield urea plant of Paradeep Phosphate, Hindalco's investing Rs 4,000 crore, and Tata Steel has committed Rs 12,000 crore to take Kalinganagar capacity from 3 million tonne to 8 million tonne.
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