+
Adani Ports Secures LoI for Deendayal Port Development
PORTS & SHIPPING

Adani Ports Secures LoI for Deendayal Port Development

Adani Ports and Special Economic Zone (APSEZ) has secured a significant milestone with the receipt of a Letter of Intent (LoI) from Deendayal Port Authority. This LoI pertains to the development of a state-of-the-art mechanised fertiliser and other clean cargo handling facilities at the Tuna Tekra port in Gujarat.

The project, set to be developed on a Design, Build, Finance, Operate, and Transfer (DBFOT) basis, is expected to enhance the port's capacity and operational efficiency significantly. Adani Ports' selection for this project underscores its expertise and leadership in the port infrastructure sector. The planned facilities will have an initial handling capacity of 2.5 million tonnes per annum, scalable to cater to future demand.

The development at Tuna Tekra aligns with Adani Ports' strategic vision to expand its footprint and augment its capabilities in the logistics and transportation sector. This initiative is part of a broader plan to increase the capacity and efficiency of Indian ports, facilitating smoother and more efficient cargo handling operations.

Karan Adani, CEO of APSEZ, expressed confidence in the project's potential to boost economic activities in the region. He emphasised the company's commitment to contributing to India's port infrastructure through sustainable and innovative solutions.

The project also reflects Adani Ports' ongoing efforts to support the Indian government's initiatives to improve port infrastructure and logistics under the Sagarmala program. By enhancing cargo handling capacities and implementing cutting-edge technologies, Adani Ports aims to play a pivotal role in bolstering India's trade and economic growth.

With this new development at Deendayal Port, APSEZ continues to solidify its position as a key player in the global port operations landscape, driving forward its mission of fostering economic progress and infrastructure development.

Adani Ports and Special Economic Zone (APSEZ) has secured a significant milestone with the receipt of a Letter of Intent (LoI) from Deendayal Port Authority. This LoI pertains to the development of a state-of-the-art mechanised fertiliser and other clean cargo handling facilities at the Tuna Tekra port in Gujarat. The project, set to be developed on a Design, Build, Finance, Operate, and Transfer (DBFOT) basis, is expected to enhance the port's capacity and operational efficiency significantly. Adani Ports' selection for this project underscores its expertise and leadership in the port infrastructure sector. The planned facilities will have an initial handling capacity of 2.5 million tonnes per annum, scalable to cater to future demand. The development at Tuna Tekra aligns with Adani Ports' strategic vision to expand its footprint and augment its capabilities in the logistics and transportation sector. This initiative is part of a broader plan to increase the capacity and efficiency of Indian ports, facilitating smoother and more efficient cargo handling operations. Karan Adani, CEO of APSEZ, expressed confidence in the project's potential to boost economic activities in the region. He emphasised the company's commitment to contributing to India's port infrastructure through sustainable and innovative solutions. The project also reflects Adani Ports' ongoing efforts to support the Indian government's initiatives to improve port infrastructure and logistics under the Sagarmala program. By enhancing cargo handling capacities and implementing cutting-edge technologies, Adani Ports aims to play a pivotal role in bolstering India's trade and economic growth. With this new development at Deendayal Port, APSEZ continues to solidify its position as a key player in the global port operations landscape, driving forward its mission of fostering economic progress and infrastructure development.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code