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Adani Ports and Special Economic Zone Limited (APSEZ) is an Indian multinational port operator and logistics company, part of Adani Group. [9] [10] APSEZ is India's largest private port operator with a network of 12 ports and terminals, including India's first port-based SEZ at Mundra and the first deep water transshipment port at Thiruvananthapuram.
Mundra Port handled 14.44 crore (144.4 million) MT of cargo in the financial year 2020–21 and is the largest commercial port of India in term so volume of cargo handled. [2] Mundra Port has not only pioneered the concept of deep draft integrated port model, but also of port based SEZ.
Adani group regularly invoked the force majeure clause to explain why the project was not completed in time. [41] When the first phase was nearing completion, the first general cargo ship from China arrived at the Vizhinjam port on 12 October 2023. The ship Zhen-Hua 15 left China in August and arrived at the Mundra Port in Gujarat few weeks ...
DFC last year said it would provide $553 million in financing for the port terminal project, which is partly owned by the Adani Group. The company, however, said the Colombo West International ...
Adani Group: 17.5 Deendayal Port Trust: 1965 Kandla: Kutch: Yes Government of India: 137.0 [1] 4.42% : 117 95.73% : Hazira Port: 2013 Hazira: Surat: Yes Adani Group: 30 Mundra Port: 1998 Mundra: Kutch: Yes Adani Group: 150 Tuna Port: 2022 Kutch: Yes Adani Group: 14 Port Pipavav: 2002 Pipavav: Amreli: Yes APM Terminals: 4.94 1.8% : 764 21.7% ...
The Adani Group rejected the report, saying all of its publicly listed entities were in compliance with the law. Stocks in all 10 of the Adani Group’s listed companies fell by up to 4% in ...
The U.S. fraud case against Indian billionaire Gautam Adani appears to be backed by documents that will help prosecutors make a strong case, legal experts said, but the tycoon is unlikely to be ...
Ennore Port Limited (EPL) is also developing an 8-lane Northern Express Road, which would link the port with the National Highway No. 5. It has a 560-metre (1,840 ft)-long coal wharf for berthing two Panamax-size vessels and fully mechanised systems for handling 16 million tons of cargo a year. Designed as a world-class port, with two ...