Dighi Port
Dighi Port is a sea port in Maharashtra, India, on the eastern coast of the Arabian Sea, from the Mumbai port. The port is operated by Adani Ports & SEZ.
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.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 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.
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.
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.
As part of the bankruptcy resolution process, the Jawaharlal Nehru Port Trust, Adani Ports, DP World and JSW Infrastructure, among others, submitted expressions of interest to acquire Dighi Port Limited.
Adani Ports and Special Economic Zone Limited completed the acquisition of Dighi Port Limited on 15 February 2021 for Rs 705 crore. Dighi Port is undergoing massive expansion, almost three times its current size.