ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

Adani Ports and SEZ to develop multipurpose berth at Gujarat's Kandla Port

Ashwani Gupta, Whole-time Director and CEO, APSEZ, "Berth No. 13 will diversify our presence at Deendayal Port. We will now handle multipurpose clean cargo at the port, in addition to dry bulk cargo that we already handle. The berth will further consolidate our position on the western coast and enhance our ability to service customers in Gujarat and north India."

ANI Sep 11, 2024 15:15 IST googleads

Representative image (Photo source: Adani)

Ahmedabad (Gujarat) [India], September 11 (ANI): Adani Ports and Special Economic Zone Ltd (APSEZ), India's leading port developer and operator, has signed a concession agreement with Deendayal Port Authority (DPA) to develop Berth at Deendayal Port in Kandla, Gujarat.
Ashwani Gupta, Whole-time Director and CEO, APSEZ, "Berth No. 13 will diversify our presence at Deendayal Port. We will now handle multipurpose clean cargo at the port, in addition to dry bulk cargo that we already handle. The berth will further consolidate our position on the western coast and enhance our ability to service customers in Gujarat and north India."
APSEZ has established a wholly owned subsidiary, DPA Container and Clean Cargo Terminal Limited (DPACCCTL), to manage operations at the berth. In July 2024, APSEZ received the Letter of Intent (LOI) for the berth's development, operation, and maintenance under a 30-year concession.
The project, following the DBFOT (Design, Build, Finance, Operate, and Transfer) model, will handle multipurpose clean cargo, including containers. Berth No. 13, with a length of 300 meters and an annual capacity of 5.7 million metric tonnes (MMT), is expected to be operational by FY27.
Adani Ports and Special Economic Zone Ltd (APSEZ), part of the Adani Group, has transformed from a port operator into an Integrated Transport Utility, offering comprehensive solutions from port to customer.
As India's largest port developer and operator, APSEZ manages 7 strategically positioned ports and terminals on the west coast (Mundra, Tuna, Dahej, Hazira in Gujarat, Mormugao in Goa, Dighi in Maharashtra, and Vizhinjam in Kerala) and 8 on the east coast (Haldia in West Bengal, Dhamra and Gopalpur in Odisha, Gangavaram and Krishnapatnam in Andhra Pradesh, Kattupalli and Ennore in Tamil Nadu, and Karaikal in Puducherry), accounting for 27 per cent of India's total port volumes. This enables it to efficiently handle cargo from coastal and inland regions.
APSEZ is also developing a transshipment port in Colombo, Sri Lanka, and operates Haifa Port in Israel and Container Terminal 2 at Dar Es Salaam Port in Tanzania.
Its extensive logistics platform, including multimodal logistics parks, Grade A warehouses, and industrial zones, positions the company to capitalize on the expected shift in global supply chains. APSEZ aims to become the world's largest ports and logistics platform within the next decade. (ANI)

Get the App

What to Read Next

Business

Piyush Goyal meets global industry leaders to deepen trade ties

Piyush Goyal meets global industry leaders to deepen trade ties

The meetings were inclined towards bolstering India's manufacturing capabilities and deepening its integration into global supply chains. The discussions focused on expanding investment partnerships and enhancing India's role as a critical hub in the Indo-Pacific region.

Read More
Business

India market "relatively resilient" compared to its Asian peers

India market

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Read More
Business

Adani Foundation to connect 10 lakh women nationwide

Adani Foundation to connect 10 lakh women nationwide

The Adani Foundation, today, declared that in the next one year, it will connect one lakh women in Maharashtra with the Swabhimaan initiative. For the future, Adani Foundation has announced to connect 10 lakh women in India with the same initiative and make them strong.

Read More
Business

Govt Urges Citizens to Avoid Panic Booking

Govt Urges Citizens to Avoid Panic Booking

Amid global energy disruptions following the closure of the Strait of Hormuz, the government has assured that the domestic supply of LPG, petrol, diesel, kerosene, and natural gas remains stable, while citizens are urged to avoid panic booking and conserve fuel, said Sujata Sharma, Joint Secretary of the Ministry of Petroleum and Natural Gas, today.

Read More
Business

India Emerging as Stable Investment Anchor in Turbulent Global

India Emerging as Stable Investment Anchor in Turbulent Global

Mumbai (Maharashtra) [India], March 12: As military conflict in West Asia disrupts energy supplies through the Strait of Hormuz and global liquidity tightens, leading investors, policymakers and capital markets leaders gathered at IGF Mumbai 2026: Catalysing Capital to assess India's position in an increasingly fragmented global economy.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.