Adani Ports to acquire Dighi Port by admin- Wednesday, February 17th, 2021 04:10:37 PM
Adani Ports and Special Economic Zone has completed the acquisition of 100% stake of Dighi Port Ltd (DPL) for Rs. 705 crore on February 15, 2021. The organisation had intimated the graduation of this improvement to stock exchanges on March 6, 2020.
Dighi port is placed on the banks of the Rajpuri Creek, inside the Raigad District of Maharashtra on the West Coast of India. The port is located at a distance of 42 nautical miles (NM) from Mumbai Port and 170kms south of Mumbai through avenue.
APSEZ plans to invest over Rs. 10,000 crore to develop the port right into a multi-cargo port with international class infrastructure in addition to making an investment within the improvement of rail & street evacuation infrastructure for seamless and efficient shipment motion. The employer will toughen and repair present infrastructure and invest in improvement of centers for dry, container, and liquid cargo.