Adani to invest Rs 5,000 crore in Odisha
He said the Dhamra Port was a profitable venture within the first 12 months of taking over by the Adani Group. The company has built and commissioned a massive new berth of 15 million tonne capacity. As a result, the port has grown its cargo handling capacity by 51 per cent.
“By March 2017, we will add yet another berth in Dhamra and double the capacity of the port to 50 million tonnes all achieved in a period of less than three years,” he said.
The port has completed the construction of two million tonnes of barge berth capacity required to enable movement of coal through the National Inland Waterway 5, he said.
Given Dhamra Port’s strategic location, this would be a game changer in transportation of coal across the Brahmani River and carry coal from the Talcher region to Dhamra, Adani said.
This apart, the Group has also started the work required to construct a LNG terminal of 5 MMT capacity entailing an investment of Rs 5,200 crore and a LPG terminal of 2.5 MMT capacity, which would see an additional investment of Rs 2,300 crore, he said.
“These two terminals will change the face of Dhamra Port and go a long way in helping close the gap on Odisha’s energy requirements and importantly support various local ancillary industries,” he said.
Noting that Dhamra would emerge as the gateway to the entire Asean region soon, Adani said the company needs support of the state government for development of an industrial park similar to the one it has built alongside Mundra Port in Gujarat.
“As per the master plan we have in mind, we anticipate Dhamra having 35 berths with total port capacity of a mammoth 315 million tonnes. This can make Dhamra the largest port and port-based industrial cluster in India,” Adani added.