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
Tag: APSEZ
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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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Mundra port set to handle more cargo than Kandla port
Mundra port in Gulf of Kutch (Gujarat), which is operated by Adani Port and Special Economic Zone (APSEZ), handled 21 percent more cargo at 82 mn t during 2012-13 compared to the previous year. The port is expected to surpass the cargo volume of Kandla Port, which is also based in Gujarat, by next year. In 2012-13, Kandla Port handled over 89 mn
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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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Mundra port attains 2nd rank in container volume
Gujarat-based Mundra port overtook Chennai port to become the countryÂ’s second biggest container gateway in 2012-13. The Gautam Adani-operated Mundra port loaded 1.57 million standard containers in fiscal 2013. The number one spot in this cargo category has been held for a long time by union government-controlled Jawa
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Home ministry gave opinion on security nod for APSEZ
The union home ministry is learnt to have given its opinion on granting security clearance to Adani Ports and Special Economic Zone (APZEZ) for participating in the proposed terminal project in Chennai port. In a representation submitted to the Chennai port late December, the APSEZ sought a review of the governmentÂ’s earlier decision to deny it security clearance
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SC hears case on APSEZ
The Supreme Court is hearing a case on halting the operation of 12 companies at Adani Ports and Special Economic Zone (APSEZ) in Mundra, Gujarat. Some of the companies appealed the Gujarat High Court decision to halt their operation in the APSEZ on grounds that they have not secured environmental clear
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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
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