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DPCL [ http://www.sandandgravel.com/news/article.asp?v1=10185 ]
The Dhamra Port Corporation Ltd (DPCL), a 50:50 joint venture of L&T and Tata Steel, is setting up a deep draft port of international standard at Dhamra on the Orissa coast. Tucked in between Paradip Port in the South and the Haldia Port in the North, the port is considered to be strategically important, as it will be closer to South East Asian countries. DPCL will create the entire core infrastructure along with two berths in the first phase with an investment of Rs 2,463 crore. However, the project has met with stiff resistance from environmentalists even after all the statutory environment clearances have been accorded to the project and DPCL claiming that it would adopt the best environmental management practices in the world. Unfazed by the adverse propaganda, the DPCL CEO, Santosh Kumar Mohapatra, is steering the port construction work with a deadline of making it operational by 2010. Mohapatra talks to FE’s special correspondent Dilip Bisoi about the project. Excerpts:

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News to find breaking news, current events, the latest headlines, news photos, [ http://www.worldnews365online.com ]
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