The Dhamra Port is a major newly developed Port in Bhadrak district, Odisha, India, on the shore of the Bay of Bengal about seven kilometers from the old port of Dhamra. The agreement to develop the port was signed in April 1998. The Dhamra Port Company Limited (DPCL) was formed as a result of a 50:50 joint venture between Larsen & Toubro and TATA Steel to run the port.The Port received its first vessel on 8 February 2010 and the first commercial vessel on 10 April 2011. The Port has an initial capacity of 25 million tonnes annually, eventually growing to 80 million tonnes annually. Greenpeace has opposed the project, claiming it threatens nearby protected areas and endangered species such as the Olive Ridley turtle.
Construction of a $12 billion steel plant by Posco of South Korea, and the new port of Dhamara, promise to bring jobs and development. The port will be used to export iron ore from a nearby mineral belt. The Odisha government has plans to develop related industries near the new port, including a shipbuilding yard and a petro-chemical and gas-based manufacturing hub. A Special Investment Region has been proposed for Dhamara, and a zoning plan is being prepared to cover housing, health services and other urban infrastructure.