Adani Ports and Particular Financial Zone Ltd. has secured a 30-year concession to develop, function, and preserve Berth No. 13 at Deendayal Port, in a big enhance to its infrastructure portfolio. The corporate clinched the deal by means of a aggressive bidding course of.
The berth, which spans 300 meters, could have an annual capability of 0.57 crore tonne. Designed to deal with multipurpose clear cargo, together with container cargo, this challenge is anticipated to boost Deendayal Port’s operational capabilities considerably.
Adani Ports targets the commissioning of Berth No. 13 in fiscal 2027. The Concession Settlement, to be signed inside 30 days of the LOI issuance by the Deendayal Port Authority, will formally kickstart the challenge.
This strategic transfer aligns with Adani Ports’ ongoing efforts to increase its infrastructure and preserve its management place within the maritime sector.
Shares of Adani Ports and Particular Financial Zone closed 0.15% greater at Rs 1,477.9 apiece on the BSE, as in comparison with a 0.49% advance within the benchmark Sensex.