Dighi Port

Dighi Port
Dighi Port is located in Maharashtra
Dighi Port
Dighi Port
Location in India Maharashtra
Location
CountryIndia
LocationDighi, Raigad, Maharashtra
Coordinates18°16′30″N 72°58′06″E / 18.2751329°N 72.968366°E / 18.2751329; 72.968366
Details
Opened2014(construction started)[1]
2018(operations started)[2]
Operated byAdani Ports and Special Economic Zone Limited[3]
Owned byIL & FS (2014-2018)
JNPT (2018-21)
Adani Ports & SEZ (2021-present)
Type of harbourDeep-sea port
No. of berths5

Dighi Port is a sea port in Maharashtra, India,[4] on the eastern coast of the Arabian Sea, 42 nautical miles (78 km; 48 mi) from the Mumbai port. The port is operated by Adani Ports & SEZ.[3][5]

History

In 2014, IL&FS Engineering and Construction Company bagged a contract worth Rs 179.84 crore for development of multipurpose berths at the Dighi Port.[1] The port was to be developed as a multi-purpose, multi-cargo and all-weather port under a 50-year concession agreement with the Maharashtra Maritime Board (MMB) on a build, own, operate, share, transfer basis and had a land bank of 1,600 acres. However, because of poor hinterland connectivity, the port had only started partial operations as of 2018.[6]

In April 2018, Dighi Port Ltd. was taken to bankruptcy court by an operational creditor. It also owed Rs1,600 crore to a consortium of banks.[7] Dighi Port Ltd owed ₹30 crore to DBM Geotechnics to construct multi-purpose berths 1 and 2 at Dighi and berth No 3. It marks the first instance of a port being hauled to the NCLT.[2] As part of the bankruptcy resolution process, the Jawaharlal Nehru Port Trust (JNPT), Adani Ports, DP World and JSW Infrastructure, among others, submitted expressions of interest (EoIs) to acquire Dighi Port Limited.[8] Adani Ports and Special Economic Zone Limited (Adani Ports & SEZ) completed the acquisition of Dighi Port Limited on 15 February 2021 for Rs 705 crore.[3][5][9] Dighi Port is undergoing massive expansion, almost three times its current size.[10]

Dighi Port Industrial Area

The Dighi Port Industrial Area (DPIA) project, spread over 5,024 hectares in Raigad district. The ₹7360.46-crore DPIA project is expected to be developed alongside the port expansion, and will be a major node of the proposed Delhi-Mumbai Industrial Corridor (DMIC).The DPIA site is strategically located adjacent to the Mumbai-Goa National Highway, the Pune-Kolad Highway, and the Pune-Harihareshwar Highway. It is about 117 km from Mumbai, and 26 km east of Dighi Port. The industrial complex is likely to cater to engineering, food processing, and pharmaceutical industries.[11]

References

  1. ^ a b "IL&FS Engineering bags Rs 179.84 crore Dighi port contract". The Economic Times. 28 October 2014.
  2. ^ a b "JNPT gets board nod to bid for Dighi Port". 14 September 2018.
  3. ^ a b c "Adani Ports completes acquisition of Dighi Port Ltd for Rs 705 crore". Mumbai: www.business-standard.com. Business Standard. 16 February 2021. Retrieved 13 October 2022.
  4. ^ James, David L.; Merchant, Rajeev (2013). The New Asia: Business Strategies for the Economic Region That Is Shaking Up the World. ABC-CLIO. p. 102. ISBN 9781440829109.
  5. ^ a b "Adani firm completes acquisition of Dighi Port". Ahmedabad: www.thehindu.com. The Hindu. 16 February 2021. Retrieved 13 October 2022.
  6. ^ "Adani, JNPT likely to bid for acquiring bankrupt Dighi Port". Live Mint. 15 September 2018. Retrieved 1 August 2025.
  7. ^ "JNPT looks to buy out smaller cash-strapped ports to ramp up capacity". Live Mint. 22 May 2018. Retrieved 1 August 2025.
  8. ^ "JNPT to vie with Adani, JSW, Posco for Dighi Port". Times of India. 19 November 2018. Retrieved 1 August 2025.
  9. ^ "Adani Ports to invest ₹10000 crore to build new gateway into Maharashtra". www.livemint.com. Mint. 16 February 2021. Retrieved 13 October 2022.
  10. ^ "Dighi Port seeks additional 304 HA of land to grow three times as large". Hindustan Times. 2022-06-25. Retrieved 2023-08-01.
  11. ^ "Environment ministry set to give green nod to Dighi Port Industrial Area". Hindustan Times. 2022-10-04. Retrieved 2023-08-01.
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