L&T Infrastructure Development Projects (L&T IDPL), a subsidiary of L&T, and Tata Steel have executed a definitive agreement with Adani Ports & Special Economic Zone (Adani Ports) to sell 100 per cent stake in the Dhamra Port Company Limited
(DPCL) for an Enterprise Value of around Rs.
The non-governmental environmental organisation has long campaigned against the setting up of the Dhamra Port Company Limited
(DPCL), off the coast of the Indian state of Orissa.
Even the youth wing of the ruling Biju Janata Dal had mobilised support for the group while big corporates like Dhamra Port Company Limited
, Gopalpur Port Limited, Vedanta Group and IFFCO had joined the campaign.
The release said Dhamra Port Company Limited
is working in partnership with the International Union for Conservation of Nature (IUCN), an organisation which brings together countries, organisations, experts and scientists, to explore all possible ways to avoid any harm to wildlife in the area.
The Dhamra Port Company Limited
(DPCL), an entirely claimed auxiliary of Adani Ports and Special Economic Zone Limited (APSEZ), has inked a commercial deal with the railway ministry.
An official said that the Dhamra Port Company Limited
- owned by the Adani Group - Tuesday announced it would pump in around Rs.