Adani Ports and Special Economic Zone Ltd (APSEZ ) has informed that the company has completed the acquisition of 100 percent in Dighi Port Limited (DPL) for Rs 705 crore on February 15 and would invest over Rs 10,000 crore in developing it as an alternate gateway to Jawaharlal Nehru Port Trust (JNPT).

JNPT is India's largest container port and is one of the 12 major ports in the country. "APSEZ completed the acquisition of 100% DPL for Rs 705 crore on February 15, 2021....DPL, the 12th port to join APSEZ's string of economic gateways across the eastern and western coast of India would establish the company's footprint in Maharashtra, the largest contributor to India's GDP," Adani Ports said.

 This would enable APSEZ to service customers in Maharashtra which includes the highly industrial areas and development in the Mumbai and Pune regions, it said. "APSEZ plans to invest over Rs 10,000 crore to develop the port into a multi-cargo port with world-class infrastructure as well as investing in the development of rail & road evacuation infrastructure for seamless and efficient cargo movement," it said. It will strengthen and repair existing infrastructure and invest in the development of facilities for dry, container, and liquid cargo.

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