APSEZ wins contract for two dry bulk berths at Paradip Port

Adani Ports and Special Economic Zone Limited (APSEZ) has been awarded the bid to develop and operate two dry bulk berths at Paradip Port Authority, marking a significant expansion of the company's footprint along India's eastern seaboard. The 30-year public-private partnership concession will enable APSEZ to handle additional volumes of dry bulk commodities including coal, iron ore, and other minerals.

The two berths are expected to augment APSEZ's capacity by 18 million tonnes annually, reinforcing its strategic position in eastern India's industrial and mineral-rich hinterland. Paradip Port, located in Odisha, serves as a crucial gateway for mineral exports and imports supporting the region's steel and power sectors.

This development underscores APSEZ's continued investment in port infrastructure across India's coastline. The company operates multiple terminals and berths at major ports nationwide, focusing on enhancing connectivity for bulk commodities that are vital to India's manufacturing and energy sectors.

The concession agreement reflects growing emphasis by port authorities on leveraging private sector expertise and investment to modernize infrastructure and improve operational efficiency. APSEZ's track record in port operations and terminal management positions it to optimize the utilization of these berths and contribute to improved cargo handling at Paradip Port.