Analysts feel that Mundra Port, which is operated by Adani Port and Special Economic Zone (APSEZ), may continue to witness growth in cargo volumes owing to better connectivity to power projects on the west coast. According to one research report, capacity constraints at India's major ports have led to a flat gro
Tag: APSEZ
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APSEZ to use stake sale proceeds for east coast project
Media reports suggest that Adani Ports and Special Economic Zone (APSEZ) would divest its stake in the Australia's Abbot Point port and use the sale proceeds to invest in its venture in the east coast of India. It is learnt that the Board of Adani Ports has in-principle decided to divest its significant stake in entities cont
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Chennai port wants govt to restore security nod for APSEZ
Chennai Port wants the government to revoke the cancellation of security clearance for Adani Ports and Special Economic Zone (APSEZ) to participate in the port's proposed Rs 3,686 crore container terminal project. Chennai Port plans to build a container terminal than can load 4 million standard containers a year when fully oper
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Chennai Port directs Adani Ports to central govt
According to industry sources, Chennai port directed Adani Ports and Special Economic Zone (APSEZ) to seek security clearance from the central government to bid for the proposed container terminal project. Chennai port, which is in the process of awarding the proposed Rs 3,686 crore container terminal project, received a representation from Adani Ports seeking eligib
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APSEZ may pick stake in multi-commodity terminal
Adani Ports and Special Economic Zone (APSEZ) plans to acquire stake in Vizag Seaport, which is the largest multi-commodity terminal at Visakhapatnam port. The terminal can handle all types of cargo except petroleum, oil and lubricants. It started operations on a 30-year contract from 28 November 2001 and loaded 5.55
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APSEZ may pick stake in multi-commodity terminal
Adani Ports and Special Economic Zone (APSEZ) plans to acquire stake in Vizag Seaport, which is the largest multi-commodity terminal at Visakhapatnam port. The terminal can handle all types of cargo except petroleum, oil and lubricants. It started operations on a 30-year contract from 28 November 2001 and loaded 5.55
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APSEZ to develop Kandla terminal
Adani Ports and Special Economic Zone (APSEZ) has received the letter of intent from the Kandla Port Trust (KPT) to set up a dry bulk terminal at the Kandla Port on BOT basis.The company has emerged as the highest bidder on revenue share basis and has been awarded the concession in a competitive bidding scenario.
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Adani, Baltimore ports join hands
Adani Port SEZ (APSEZ) has entered into an agreement with the US based Port of Baltimore for sharing of technology and promotion of trade between Adani’s ports and the US port.The Memorandum of Understanding (MoU) signed between both the ports would benefit Adani group owned ports in terms of technology upgradation or transfer from the US.