Cargo volume handled by Mundra port stood at 24 million tonne (mn t) during April and June and this is more than the 23 mn t handled by Kandla port in the same period. With this, the Adani Ports and Special Economic Zone (APSEZ)-run port became the first private port to overtake the cargo volume of a major port in the coun

On August 01, 2013, the Board of Directors of Adani Ports and Special Economic Zone would meet to consider and adopt Unaudited Financial Results for the quarter ended June 30, 2013. Adani Ports & Special Economic Zone (APSEZ) is a part of India’s leading infrastructure conglomerate the Adani Group

Within the special economic zone (SEZ) limit of Mundra Port, Adani Ports and Special Economic Zone (APSEZ) proposes to set up a ship-breaking yard in about 40 hectare land. The Adani Group firm reportedly plans to set up the yard close to a boundary of the existing Mundra West Port in the next one or two years with an initial target of dismantling and recycling 40 ships every year

Visakhapatnam Port Trust (VPT) would reportedly invite fresh price bids for the Rs 633-crore contract to extend the existing container terminal from 450 metre to 850 metre. The port had earlier invited the bids to extend the container terminal and add capacity of 0.54 million TEUs in addition to the existing 0.40 million TEUs. Currently, Visakhapatnam Container Terminal (VCTPL) is handling 247,133 TEUs per annum against the capacity of 4 lakh TEUs

Several firms have responded to the request for qualification (RfQ) sought by the Jawaharlal Nehru Port (JNPT) for the Rs 8,000 crore fourth container terminal project. The port authority would soon conduct a pre-bid meeting for the project, after which the number of actual bidders would be known. Among the firms responded to the RfQ are DP World, Dubai, APM Terminals, Adani Group. It may be recall

A public interest litigation (PIL) was filed in the Gujarat High Court alleging wide-spread commercial activities in the special economic zone (SEZ) of Adani Port and Special Economic Zone (APSEZ) in Mundra, Kutch. The PIL, filed by the people of Navinal village claims that the Adani Group firm was working on some construction projects in the area despite court's order of May 9, 2012, restricting any kind of construction or deve

Adani Ports and SEZ is planning to commission a coal handling terminal of about 5 million tonne capacity at the Mormugao Port in Goa by this fiscal. The coal handling terminal project, won by the Adani group firm in 2009, is delayed by about 2 years as it was originally planned to be commissioned during 2011 to 12 itself. APSEZ has the permission to operate the coal handling berth till May 15th 2040, the company said in a prospectus for a recently completed fund raising exercise. It said that th

Reports indicate that Odisha government plans to tighten the exit clause for the promoters of non-major ports in the state. According to the revised norms, that is considered by the state government, original promoters of a non-major port must retain at least 51 per cent stake for three years from the date of commencement of com

The private players can participate in the construction of infrastructure for cold chain systems and benefit greatly. However, the experience of the few private players who have invested in the cold chain has not been satisfactory for them.