Indian Port to be Operational by April

15 March 2011 (Last Updated March 15th, 2011 18:30)

Dhamra Port in Orissa, India, a 50:50 joint venture between Tata Steel and Larsen & Toubro, is to make its port project operational in April this year. Dhamra Port Company, which has invested Rs29bn ($642m) out of Rs32bn ($717.5m) earmarked for the project, expects to complete the

Dhamra Port in Orissa, India, a 50:50 joint venture between Tata Steel and Larsen & Toubro, is to make its port project operational in April this year.

Dhamra Port Company, which has invested Rs29bn ($642m) out of Rs32bn ($717.5m) earmarked for the project, expects to complete the work next month.

The port has a draught of 18m and will be able to accommodate super cape-size vessels up to 180,000dwt.

The port will initially handle bulk cargoes such as coal, iron ore, chromite, bauxite and steel.

DPCL has also entered into a sister port relationship agreement with the Port of Seattle in the US, according to business-standard.com.

Both ports will exchange information on users, technology transfer and sharing of best practices in port operations including trade ties between the two countries.