Adani Ports rises after emerging as highest bidder for two bulk berths at Paradip port
Mumbai, Sept. 9 -- The addition of 18 million metric tonnes (MMT) of new capacity will take APSEZ's total domestic portfolio to 671 MMT, advancing its target of reaching 1 billion tonnes of cargo throughput by 2030.
Under the 30-year concession project to be executed under the public-private partnership model, APSEZ will develop CQ-I and CQ-II berths with mechanized cargo handling systems, deep-draft berths and large-scale storage infrastructure.
Located in a mineral-rich hinterland amid major steel plants, Paradip is India's second-largest major port and a vital bulk cargo gateway.
The Paradip terminal will boost APSEZ's capacity to handle rising volumes of coal, limestone, and other dry bulk commodities, while expanding its reach acr...
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