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Ports with land banks should develop FTZs

Ports with land banks should develop FTZs

India needs to learn lessons from the UAE and develop adequate high quality back up facilities for storage and warehousing to enable the global players do international trade through our ports, Pankaj Modi, Chief Operating Officer, Adani Ports and SEZ, tells Sumantra Das.

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Adani Ports net profit up at Rs 342 cr

Adani Ports net profit up at Rs 342 cr

For the quarter ended September 30, 2013, Adani Ports and SEZ on October 26 reported over 24 per cent jump in consolidated net profit at Rs 341.83 crore. The firm had reported a net profit of Rs 275.56 crore in the July-September, 2012-13 fiscal.

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Adani to start coal terminal at Mormugao Port

Adani to start coal terminal at Mormugao Port

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

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APSEZ seeks nod to re-notify Mundra SEZ

APSEZ seeks nod to re-notify Mundra SEZ

B Ravi, Chief Financial Officer of Adani Ports and SEZ (APSEZ) informed that the firm has made several representations to the government seeking permission for a new 1,840 hectare multi-product special economic zone. It may be noted that in October 2012, the gove

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APSEZ seeks nod to re-notify Mundra SEZ

APSEZ seeks nod to re-notify Mundra SEZ

B Ravi, Chief Financial Officer of Adani Ports and SEZ (APSEZ) informed that the firm has made several representations to the government seeking permission for a new 1,840 hectare multi-product special economic zone. It may be noted that in October 2012, the gove