India Steel Market Watch
October 16: Dhamra Port, now owned by Adani Ports & Special Economic Zone, seems to have eased the load on two ports which it is flanked by to the north and south respectively by 20-30%, a senior port official informed ISMW.
“It is difficult to quantify to what extent we have eased the load on Haldia and Paradip, but I should think, as of now, it is 20-30 percent,” the official said.
Dharma Port is ideally placed in a location between the Haldia Dock Complex (HDC) and Paradip Port and close to the mineral-based industrial states of Odisha, Jharkhand and Chhattisgarh. It can thus feed the hinterland dotted with power plants, steel mills and sponge iron units etc, for which it is gearing up in a major way.