India Ports Global Ltd, the state-owned entity tasked with developing and running the strategically important and India-funded Chabahar port in Iran, has been without a full-time managing director five months, after the previous incumbent demitted office on September 18. The Shipping Ministry had entrusted Harjeet Kaur Joshi, chairperson and managing director of Shipping Corporation of .
Read more about Adani Ports acquires Dighi Port, earmarks Rs 10,000 crore for new gateway on Business Standard. DPL, the 12th port to join APSEZ s string of economic gateways across the eastern and western coast of India will establish the company s footprint in Maharashtra, the largest contributor to GDP
DPL will evolve as an alternative gateway to JNPT
Adani Ports acquires Dighi Port, earmarks Rs 10,000 crore to build new gateway into Maharashtra ANI | Updated: Feb 17, 2021 10:43 IST
DPL, the 12th port to join APSEZ s string of economic gateways across the eastern and western coast of India will establish the company s footprint in Maharashtra, the largest contributor to India s GDP. This will enable APSEZ to service customers in Maharashtra which includes the highly industrial areas and development in the Mumbai and Pune regions, the company said in a statement.
APSEZ also said it plans to invest over Rs 10,000 crore to develop the port into a multi-cargo hub with world-class infrastructure as well as investing in the development of rail and road evacuation infrastructure for seamless and efficient cargo movement.
Adani Ports plans to invest ₹10,000 cr in developing Dighi
February 16, 2021
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Dighi marked the first instance of a port being hauled to the National Company Law Tribunal (NCLT)
Adani Ports and Special Economic Zone Ltd (APSEZ) has completed the acquisition of debt-laden Dighi port for ₹650 crore under the bankruptcy law.
The acquisition has received all regulatory approvals, multiple sources said.
The resolution plan submitted by APSEZ also include settlement of unpaid dues of ₹11.38 crore to the Maharashtra Maritime Board (MMB), the Maharashtra government agency tasked with developing and regulating ports in the western State.
With the acquisition of Dighi port, APSEZ has expanded its presence to eight of the nine Indian coastal states. The only coastal state where it does not have a presence is West Bengal.