Dighi Port
In its bid to achieve the targeted capacity addition at its upcoming greenfield port in Raigad area of Maharashtra, Dighi Port has decided to go in for an additional investment worth Rs 1,000cr in the project. The port, which already has two of the five berths commissioned, will go ahead with the remaining three as part of the phase one of the projects, Chairman and Managing Director Vijay Kalantri said detailing that out of the total investment, Rs. 2,500cr has already been invested by the company and the remaining berths will be added by December 2014. The port is one among the handful of private sector ones along the 750-km coastline in the state, had signed the concession agreement in 2002 and will have a depth of 12.5 metres as a part of the phase one project.

Contesting media reports he clarified that the Maharashtra government which owns the port is only building the adjoining Dighi Industrial Area Township, which is a part of the Delhi-Mumbai Industrial Corridor and the National Investment and Manufacturing Zone. The remaining three berths of the port, being built on the banks of the Rajapuri creek, will be operational by December 2014 and the total capacity will go up to 30 million tons from the the current 10 million tons. Dighi Port, which has signed a 50-year concession agreement with Maharashtra to build and operate the port, has already handled 3.5 MT cargo consisting of coal, bauxite and steel coils and the port is being developed under a 50 year "Build, Own, Operate, Share " Transfer (BOOST)" Concession Agreement signed with Maharashtra Maritime Board (MMB), he added.