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APSEZ wins 2 Paradip berths adding 18 mt capacity
The Hindu BusinessLine··9 Sept
Adani Ports and Special Economic Zone won two dry bulk berths at Paradip Port in Odisha, adding 18 million tonnes of capacity. APSEZ received a Letter of Award for the CQ-I and CQ-II berths under a 30-year concession. The addition lifts its portfolio from 653 mt to 671 mtpa toward a 1 billion tonne goal by 2030.
Prism
What It Means For You
- APSEZ gains a Paradip foothold on India's second-largest major port for dry bulk cargo.
- The PPP concession runs for 30 years on the CQ-I and CQ-II berths.
- East Coast capacity linked to Haldia, Dhamra, Gopalpur and Gangavaram now includes Paradip.
What's Happening
- CEO Ashwani Gupta said the concession strengthens access to an industrial and mineral-rich hinterland.
- With Paradip, APSEZ's network grows to 16 ports and terminals along India's 11,000-km coastline.
- Plans include deep-draft berths, large storage and mechanised handling for coal and limestone.
Where This Fits APSEZ Targets
- The company said the 18 mt addition moves total portfolio capacity from 653 mt to 671 mtpa.
- APSEZ aims to handle 1 billion tonnes of cargo throughput by 2030.
- It already cites about 140 mt capacity across other regional east-coast facilities.
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