The Rs 3,200-crore Dhamra Port in Orissa, a 50:50 joint venture between Tata Steel and Larsen & Toubro (L&T), is ready and will go operational next month, a top company official said.
Dhamra Port Company Limited (DPCL) has so far invested Rs 2,900-crore out of the total project cost of Rs 3,239-crore and almost 100 per cent work on the project has been completed.
"The port is now ready...It (Dhamra Port) will go operational in April this year," Dhamra Port Company's Chief Executive Officer, Santosh Mohapatra, told PTI over phone.
"We have completed 100 per cent work of the port including the construction work for the 62-kilometer rail link from Dhamra to Bhadrak on the main Howrah-Chennai line," he said.
A host of Central Ministers are expected to attend the inaugural function of the port.
"We have not decided anything (on inviting dignitaries for the function) yet," he said.
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Situated between Haldia and Paradip, the port at Dhamra will be the deepest of India with a draught of 18 meters, which can accommodate super cape-size vessels up to 1,80,000 dead weight tonnes (DWT).
DPCL has recently entered into a sister port relationship agreement with the US-based Port of Seattle. The pact is aimed at exchange of information on port users, technology transfer and sharing of best practises between the two ports.
The port, which aims to serve industries in Jharkhand, Orissa and Chhattisgarh, would initially deal with bulk cargo like coal, iron-ore, chromite, bauxite and steel.