Adani, JNPT likely to bid for acquiring bankrupt Dighi Port


Adani, JNPT likely to bid for acquiring bankrupt Dighi Port

Adani Ports, India’s largest private sector port operator, and Jawaharlal Nehru Port Trust (JNPT) in Navi Mumbai are likely to bid for Dighi Port, which was declared bankrupt by the National Company Law Tribunal (NCLT) in April, according to two people aware of the matter.

A subsidiary of South Korean steel giant Posco is also rumoured to be interested in the port, although Mint could not independently verify this. Queries sent to Posco Maharashtra Steel and Adani Ports were unanswered at the time of going to print while a spokesperson for JNPT declined to comment.

Dighi Port is a minor greenfield port located in the Raigad district of Maharashtra, along the Konkan coast. It is a private port owned by Balaji Infra Projects Ltd and IL&FS Ltd. Dighi port is part of the Dedicated Freight Corridor and the Delhi-Mumbai Industrial Corridor. Read More

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