Dhamra port is a deep-draught, all-weather multi-user port located on the eastern coast of India in the state of Odisha (formerly Orissa). The port commenced operations in May 2011, and handled a total cargo of 14.3m tonnes in fiscal 2013-14.
The port has two fully mechanised existing berths, 63 km of a private rail line connecting the Bhadrak station to the main trunk line, and has already received environmental clearance for the development of 12 additional berths.
“The Dhamra port acquisition now gives us an opportunity to replicate Mundra port’s development and phenomenal growth on the eastern coast of India, and thereby continue to execute on our pan-India strategy,” said Adani Group chairman Gautam Adani.
“Nation building for us is ensuring we open up coastal entry and exit points that accelerate industrial development over vast hinterlands. The Dhamra port precisely helps us execute in this direction.”
Following the acquisition, the second phase of development will be initiated within 90 days, and completion targeted in 30 months. This continued expansion will allow Dhamra port to exceed 100m tonnes of cargo capacity by the year 2020, and therefore allow Adani Ports to fulfil its stated vision of becoming a 200m tonne ports business.
“The combination of the naturally protected all-weather port, its deep draught with the ability to berth capesize vessels, access to the massive potential in its hinterland, and proximity to the richest mineral wealth in the country is unique,” Adani said.
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