Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest port developer and operator, has finalized a significant deal to expand its operations with a new multipurpose berth at Kandla Port in Gujarat.
The company has signed a concession agreement with the Deendayal Port Authority (DPA) to develop Berth No. 13.
In July 2024, APSEZ received a Letter of Intent (LOI) for this development, granting them a 30-year concession period for the berth’s operation. Under the Design, Build, Finance, Operate, and Transfer (DBFOT) model, the berth will develop to handle a variety of clean cargo, including containerized cargo.
Berth No. 13 will span 300 meters and is designed to handle up to 5.7 million metric tonnes (MMT) of cargo annually.
The new facility is likely to commence operations in FY27.
Ashwani Gupta, Whole-time Director and CEO, APSEZ stated, “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.”
Adani Ports & Special Economic Zone Ltd
Adani Ports & Special Economic Zone Ltd (APSEZ), part of the globally diversified Adani Group, has grown from a port company into a comprehensive transport utility offering end-to-end solutions from port gate to customer gate.
As India’s largest port developer and operator, APSEZ however manages seven ports and terminals on the west coast, including Mundra, Tuna, Dahej, Hazira, Mormugao, Dighi, and Vizhinjam, and eight on the east coast, comprising Haldia, Dhamra, Gopalpur, Gangavaram, Krishnapatnam, Kattupalli, Ennore, and Karaikal.
Together, these ports handle 27% of the country’s total port volumes.
The company is also expanding internationally with the development of a transshipment port in Colombo, Sri Lanka, the operation of Haifa Port in Israel, and Container Terminal 2 at Dar Es Salaam Port, Tanzania.
With a focus on creating a robust Ports to Logistics Platform—including port facilities, multimodal logistics parks, Grade A warehouses, and industrial economic zones APSEZ aims to become the largest ports and logistics platform in the world within the next decade.
Also Read: Delhi High Court Upholds Order For SpiceJet To Ground Engines
To read more such news, download Bharat Express news apps
