The Rs 400 crore steam coal import terminal at Visakhapatnam port has been completed by Adani Ports and Special Economic Zone (APSEZ). APSEZ is IndiaÂ’s largest port developer and part of Adani Group. The terminal project has been completed 8 months ahead of schedule.
Tag: Adani Ports and Special Economic Zone
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Adani Ports seeks more land for its SEZ project
For its special economic zone (SEZ) at Mundra in Gujarat, Adani Ports and Special Economic Zone is seeking additional land from the Union government. Adani Ports has 6,700 hectares of land that is notified and it has asked the government for another 1,800-1,900 hectares of land, the company said.
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Adani Ports may buy Dhamra port in Odisha
In Odisha, Adani Ports and Special Economic Zone (APSEZ) has reportedly interested to buy Dhamra Port Co (DPCL), a venture of Larsen and Toubro and Tata Steel, early this year for about Rs 5,000 crore, say media reports quoting sources in the companies mentioned. APSEZ is set to buy Dhamra port after its operator secured environmental and coastal clearances for its second phase of expansion.
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APSEZ, Tata Steel may tie up for goods handling
Adani Ports and Special Economic Zone (APSEZ) has started talks with Tata Steel regarding the terms of handling cargo at Dhamra Port in Orissa, a port which is jointly owned by Tata Steel and Larsen and Toubro, signaling a significant move towards acquiring a strategic control of the port. APSEZ held discussions with Tata Steel previous week regarding cargo handling at the port. Tata's arm TM International Logistics currently manages the port.
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APSEZ plans to set up shipbreaking yard at Mundra
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
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JV firm to operate new container terminal in Mundra port
The new container loading facility at Mundra port in Gujarat would be run by a joint venture (JV) between Mediterranean Shipping Co SA (MSC) and Adani International Container Terminal Pvt Ltd. Adani Ports and Special Economic Zone (APSEZ) formed the 100 percent subsidiary, Adani International Container Terminal Pvt Ltd, for developing the container terminal and associated facility at the south basin in Mund
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Mundra port handles largest container ship
Adani Ports and Special Economic Zone (Adani Ports) said its Mundra Port handled the largest container vessel up to now with nominal capacity of 14,036 TEUs, the first of its kind to call at any Indian port, thereby making history in the Indian maritime sector.
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APSEZ handles 82 mn t cargo
Adani Ports and Special Economic Zone (APSEZ) handled
82.13 million tonne (mn t) cargo in 2012-13, a growth of 21 percent from the previous year. During January-March, APSEZ handled 22.89 mn t cargo, an increase of 38 percent over the same period last year. This growth was driven by container and bulk (ma
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APSEZ posts 44% rise in profit
During 2012-13, profit of Adani Ports and Special Economic Zone rose 44 percent to Rs 1,608 crore from Rs 1,117 crore in the previous year. The sharp rise in profit is attributed to the 29 percent rise in coal handling by the port, the company said in a press release. The country's largest private port operator, which operates two ports at Mundra and Dahej, both in Gujarat, witnessed 40 percent rise in revenue to Rs 3,841 crore from
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Mega port projects up for bidding in 2013-14
During the year 2013-14, mega port projects like the setting up of the fourth container terminal at JN Port, mega container terminal in Chennai and expansion of container terminal in Visakhapatnam may come up for bidding. Union government is said to be taking steps to expedite award of key infrastructure projects, including port projects
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