Adani Ports Leads Global Peers with Market Value Surge

21 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 Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..