Adani Ports Leads Global Peers with Market Value Surge

19 Jun 2024 CW Team

Adani Ports & Special Economic Zone Ltd (APSEZ) has achieved a significant milestone, surpassing its global counterparts in market value. The company?s success is driven by a notable increase in cargo volumes, reinforcing its position as India?s largest private port operator. APSEZ?s market value reached new heights, marking its dominance in the global maritime sector.

The company reported a remarkable rise in cargo volumes, handling 340 million metric tonnes in the last financial year. This represents a 9% year-on-year growth, showcasing its robust operational capabilities. The surge in cargo volumes is attributed to the diversification of cargo types, efficient logistics, and strategic investments in port infrastructure.

APSEZ operates several ports across India, including Mundra, India?s largest commercial port. The company has focused on enhancing its infrastructure, streamlining operations, and expanding its footprint in international markets. These efforts have paid off, as evidenced by the increased market value and higher cargo throughput.

The company?s strategic initiatives include developing deep-water ports, increasing automation, and improving supply chain logistics. These measures have not only boosted efficiency but also attracted more global shipping lines to its ports. APSEZ?s commitment to sustainable practices and green port initiatives has further strengthened its market position.

APSEZ?s leadership in the maritime industry is set to continue, with plans to expand its cargo handling capacity to 500 million metric tonnes by 2025. The company?s focus on innovation, sustainability, and operational excellence positions it well to maintain its competitive edge and drive future growth in the global ports sector.

Infrastructure Transport

01 Sep 2025

Indian Railways Marks New Milestone with 4.5 km Long ‘Rudrastra’ Trial

Indian Railways has successfully conducted the trial run of Asia’s longest freight train, named ‘Rudrastra’, achieving a new milestone in cargo transportation, as per news reports. The 4.5 km-long train began its trial from Ganjkhwaja railway station in Chandauli, Uttar Pradesh, and travelled to Garhwa in Jharkhand. Covering a distance of 209 km in 5 hours and 10 minutes, it maintained an average speed of 40.5 km per hour. The train was formed by combining three long-haul racks, with ..

UltraTech Launches India’s First On-Site Hybrid RTC Renewable Energy Project

UltraTech Cement has operationalised a 7.5 MW round-the-clock (RTC) hybrid renewable energy project at its Sewagram Cement Works in Gujarat. The first-of-its-kind solution combines bifacial solar modules with trackers, wind energy and battery storage, co-located on-site, to ensure uninterrupted power for cement manufacturing without grid reliance. The project was executed in collaboration with clean energy solutions provider Gentari. Installed as a behind-the-meter system, it is the country..

Patna Metro Trials Successful, Red Line Priority Corridor to Launch This Month

Patna is set to roll out its first metro rail service later this month, with successful trial runs conducted on the Red Line priority corridor, the Patna Metro Rail Corporation announced.On 7 September, a metro train completed a test run between the Patna depot and Bhootnath station. Officials said the trials involved rigorous checks of rolling stock fitness, overhead electrification (OHE), and track alignment and stability to ensure operational safety and performance.The corridor from the New Pataliputra Bus Terminal to Bhoothnath has been designated as the priority stretch and will be the fi..