Corporate Times

Adani Ports to ramp up capacity to 500 million tonnes by 2025

Adani Ports to ramp up capacity to 500 million tonnes by 2025

Adani Ports and Special Economic Zone Ltd, (APSEZ), India’s largest port developer and part of the Adani Group, today unveiled a plan to expand its overall port capacity by 2025.

Karan Adani, CEO, APSEZ said, “We are delighted by the speed of execution of our teams that completed this expansion of the Phase II of Dhamra Port way before schedule. This expansion will help us achieve our vision 2020 of 200 million tonnes, well ahead of time and we now aim to touch 500 MMT by the year 2025. We acknowledge the support of the Government of Odisha which enabled us to achieve this feat which renews our conviction and commitment to make Adani Dhamra Port an island of excellence, not only for Odisha but also for India.”

APSEZ today inaugurated the second phase expansion of the Dhamra port in Odisha.

expansion of Dhamra Port in Odisha.

The inauguration ceremony took place in the presence of Chief Minister Naveen Patnaik, Nrusingha Charan Sahoo, Minister, Commerce & Transport; Bijyashree Routray, Minister, Forest & Environment; Prafulla Samal, Minister, Social Security & Empowerment of Persons with Disabilities, Women & Child Development & (Mission Shakti), Micro, Small & Medium Enterprises along with Gautam Adani, Chairman, Adani Group; Mr. Karan Adani, CEO, APSEZ and other dignitaries and company officials.

Inaugurating the second phase expansion, Patnaik said, “Dhamra Port is a model of modern maritime trade in Odisha and a successful example of Public Private Partnership. The industrial park being set up by Adani will unleash large scale industrialization in the area and create employment opportunities.”

“This is a very proud moment for all of us in Odisha as well as the entire country. The Phase II expansion of Dhamra Port will not only make Dhamra India’s largest port but will also serve as India’s major gateway for trade with South East Asian Nations. We would like to sincerely thank all the government officials for their support in completing this expansion which will enhance growth, trade and industry for Odisha and India”, said Gautam Adani, Chairman, Adani Group.

The phase II expansion of Dhamra Port, will increase the cargo handling capacity of the port to over 100 million tonne per annum, up from 25 million tones per annum currently handled. The company deployed more than 3000 manpower with around 88 per cent locals employed for the phase II expansion. The port is located at 215 Kms from Bhubaneswar and is situated between Haldia in West Bengal and Paradip in Odisha. The port serves as a gateway to Nepal, Bangladesh, Myanmar and the entire geopolitical region including the ASEAN region.

APSEZ is the country’s largest port company with footprints across the Indian coastline with presence across ten locations. It has proven expertise in building, operating and maintaining world class port infrastructure. APSEZ operates ports in Mundra, Hazira, Tuna-Tekra (Kandla) and Dahej, in Gujarat, Dhamra in Odisha, Katupalli and Ennore in Tamil Nadu and operates specialized coal handling facilities at Mormugao in Goa and Visakhapatnam in Andhra Pradesh. It is also setting up a container transshipment hub at Vizinjham in Kerala.

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