Adani's APSEZ plans port development in Philippines

06 May 2024 CW Team

The office of the President of the Philippines revealed that APSEZ, a firm under the Adani Group, expressed interest in developing a port in Bataan province. According to a statement, Karan Adani, the Managing Director of APSEZ, had a meeting with President Ferdinand R Marcos Jr at Malacanang on May 2. During the meeting, Adani discussed the group's intentions regarding the port project.

Adani mentioned that APSEZ aims to establish a port in the Philippines owing to the stable leadership and favourable environment in the country. He elaborated that their plan involves constructing a 25-metre deep port capable of accommodating Panamax vessels. Additionally, the Adani Group is considering investments in ports, airports, power, and defence sectors.

Quoting Adani, the statement highlighted Marcos's positive reception towards APSEZ's expansion plans. Marcos proposed that the focus of the port operations could initially revolve around handling agricultural products, enabling the Philippines to compete on a global scale eventually. He suggested that APSEZ should begin its operations regionally, with the ports initially catering to local or domestic shipping needs before venturing into the international market.

Furthermore, Marcos mentioned the government's efforts to develop gateways for tourists and business travellers, as well as facilitating affordable and reliable transportation of agricultural products within the country.

APSEZ, a segment of the globally diversified Adani Group, is recognized as the largest port developer and operator in India. The company currently manages seven strategically positioned ports and terminals on the west coast, along with eight on the east coast of India.

Infrastructure Energy

08 Oct 2025

India, Brazil Discuss Energy Ties And Oil Investments

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri held discussions with Celso Luis Nunes Amorim, Special Advisor to the President of Brazil, and senior Brazilian officials to strengthen bilateral cooperation in the oil, gas, and energy transition sectors. The talks took place during a dinner hosted by Kenneth H da Nobrega, Ambassador of Brazil to India, at his residence in New Delhi.Mr Puri said the meeting focused on Indian investments in Brazil’s oil and gas sector, as well as expanding collaboration in energy transition and biofuels. “The enriching conversation revolved ar..

ONGC To Invest Rs 8.11 Billion In Andhra Onshore Oil, Gas Project

The Oil and Natural Gas Corporation Limited (ONGC) is set to invest Rs 8.11 billion for the onshore development and production of oil and gas from 172 wells across eight Production Mining Licence (PML) blocks in Andhra Pradesh.A committee under the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended environmental clearance (EC) for the project during a review meeting held last month.According to the Expert Appraisal Committee (EAC) minutes, the total project cost is estimated at Rs 8.11 billion, with a capital allocation of Rs 172 million towards the Environment Managem..

Tripura To Supply 40 MW Power To Mizoram For Christmas

The Tripura State Electricity Corporation Limited (TSECL) will supply 40 megawatts (MW) of power to Mizoram during the upcoming Christmas celebrations, continuing a long-standing tradition of power exchange between the two north-eastern states, officials confirmed on Sunday.During Durga Puja, the Mizoram State Power Corporation (MSPC) had supplied an equivalent 40 MW of electricity to Tripura to ensure an uninterrupted power supply during the festive period.“We had an agreement to receive 40 MW during Durga Puja, although the full amount was not utilised due to lower-than-expected demand in ..