Home News Industry News Adani Ports gets one step closer to acquiring Dhamra port in Odisha

    Adani Ports gets one step closer to acquiring Dhamra port in Odisha

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    APSEZ is one step closer to acquiring Dhamra port in Odisha as DPCL
    APSEZ is one step closer to acquiring Dhamra port in Odisha as DPCL
    Adani Ports and Special Economic Zone Ltd (APSEZ) is one step closer to acquiring Dhamra port in Odisha asDhamra Port Co. Ltd (DPCL), a venture of Larsen and Toubro Ltd and Tata Steel Ltd, has secured environmental and coastal clearances for its second phase of expansion. APSEZ agreed to buy DPCL, early this year for about Rs.5,000 crore, provided that the current operator gets environmental and coastal zone approvals.
    If the deal goes through, it will be the largest in India’s port’s sector after Pipavav port in Gujarat was acquired by APM Terminals Management BV  in 2005 from India’s SKIL Infrastructure Ltd.

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