+
TiL To Invest In 49 Per Cent Of Adani Vizhinjam Port
PORTS & SHIPPING

TiL To Invest In 49 Per Cent Of Adani Vizhinjam Port

Terminal Investment Limited (TiL), the terminal arm of the Mediterranean Shipping Company Group, has agreed to acquire a 49 per cent stake in Adani Vizhinjam Port Private Limited, the concessionaire of Vizhinjam port owned by Adani Ports and Special Economic Zone Limited (APSEZ). TiL will invest United States dollar (USD) 1.397 billion (bn), representing 49 per cent of the enterprise value of USD 2.85 bn, subject to regulatory approvals. The companies said the deal is the single largest foreign private investment in Indian port infrastructure and will bolster Vizhinjam as a transhipment gateway.

APSEZ said the partnership is expected to enhance volume visibility and accelerate ramp up of operations through additional cargo. The collaboration is anticipated to lift Bangladesh linked volumes, strengthen East Africa trade connections and boost relay traffic. Ashwani Gupta, whole time director and chief executive officer of APSEZ, indicated that Vizhinjam had emerged rapidly as a premier transhipment hub and had crossed two million (mn) TEUs within eighteen months.

This is the third major collaboration between APSEZ and the MSC Group after Mundra Container Terminal number three and Ennore Port. TiL operates more than one hundred terminals across five continents and handles over seventy million (mn) TEUs annually. APSEZ noted that Vizhinjam, commissioned in December two thousand and twenty four, is India's first deep draft mega transhipment port and is expanding capacity from 1.6 mn TEUs to 5.7 mn TEUs by December two thousand and twenty eight.

Strategically located around 10 nautical miles from the East West shipping route, the port has a natural draft of 18 to 20 metres and a 2.9 kilometre breakwater. The facility uses advanced container handling systems, a world class IT platform and an AI enabled Vessel Traffic Management System and is equipped with quay and automated yard cranes. The port handled 1.3 mn TEUs in FY26, surpassed two mn TEUs within eighteen months and has processed more than nine hundred and fifty vessels, including over seventy Ultra Large Container Vessels.

Terminal Investment Limited (TiL), the terminal arm of the Mediterranean Shipping Company Group, has agreed to acquire a 49 per cent stake in Adani Vizhinjam Port Private Limited, the concessionaire of Vizhinjam port owned by Adani Ports and Special Economic Zone Limited (APSEZ). TiL will invest United States dollar (USD) 1.397 billion (bn), representing 49 per cent of the enterprise value of USD 2.85 bn, subject to regulatory approvals. The companies said the deal is the single largest foreign private investment in Indian port infrastructure and will bolster Vizhinjam as a transhipment gateway. APSEZ said the partnership is expected to enhance volume visibility and accelerate ramp up of operations through additional cargo. The collaboration is anticipated to lift Bangladesh linked volumes, strengthen East Africa trade connections and boost relay traffic. Ashwani Gupta, whole time director and chief executive officer of APSEZ, indicated that Vizhinjam had emerged rapidly as a premier transhipment hub and had crossed two million (mn) TEUs within eighteen months. This is the third major collaboration between APSEZ and the MSC Group after Mundra Container Terminal number three and Ennore Port. TiL operates more than one hundred terminals across five continents and handles over seventy million (mn) TEUs annually. APSEZ noted that Vizhinjam, commissioned in December two thousand and twenty four, is India's first deep draft mega transhipment port and is expanding capacity from 1.6 mn TEUs to 5.7 mn TEUs by December two thousand and twenty eight. Strategically located around 10 nautical miles from the East West shipping route, the port has a natural draft of 18 to 20 metres and a 2.9 kilometre breakwater. The facility uses advanced container handling systems, a world class IT platform and an AI enabled Vessel Traffic Management System and is equipped with quay and automated yard cranes. The port handled 1.3 mn TEUs in FY26, surpassed two mn TEUs within eighteen months and has processed more than nine hundred and fifty vessels, including over seventy Ultra Large Container Vessels.

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