Adani Ports & SEZ

Adani Ports and Special Economic Zone Limited (Adani Ports & SEZ) is India's largest private multi-port operator.[2][3] It is a part of the Adani Group, an integrated infrastructure corporation.[4] The company which was earlier known as Mundra Port and Special Economic Zone Limited, changed name to its present name on 6 January 2012.[5]

Adani Ports and Special Economic Zone Limited
TypePublic
ISININE742F01042
IndustryPorts & Shipping
Founded26 April 2016; 4 years ago (2016-04-26)
FounderGautam Adani
HeadquartersAdani House,
Key people
Gautam Adani
(Chairman & MD)
RevenueIncrease13,734.42 crore (US$1.9 billion) (2020)[1]
Increase6,057.06 crore (US$850 million) (2020)[1]
Decrease3,784.53 crore (US$530 million) (2020)[1]
Total assetsIncrease62,203.67 crore (US$8.7 billion) (2020)[1]
Total equityIncrease25,843.08 crore (US$3.6 billion) (2020)[1]
Number of employees
2,266 (March 2020)[1]
ParentAdani Group
Websiteadaniports.com

LocationsEdit

The company commenced operations at Mundra Port and currently operates 10 ports in India comprising 45 berths and 14 terminals across 6 states at below locations:[6][7]

Through its subsidiary company Adani Logistics Ltd., APSEZ operates 3 Inland Container Depots, a storehouse of goods before they are custom cleared at ports.[8] It is located in Kishangarh, Rajasthan; Patli, Harayana and Kila Raipur, Punjab. It holds Category 1 License for the Indian Railways that helps in pan-India cargo movement.[9][8] The trains owned by Adani Logistics were used to dispatch 30,000 tonnes of food grains to feed over 60 lakh citizens across the states of Tamil Nadu, Karnataka, West Bengal and Maharashtra, during the COVID-19 lockdown.[10][11]

Adani Ports and Special Economic Zone Ltd. (APSEZ) provides Dredging and Reclamation solutions, primarily for port and harbor construction. The Adani Group started investing in developing a dredging fleet in 2005. At present, APSEZ operates a fleet of 19 dredgers which is the largest capital dredging capacity in India.[12]

The Mundra SEZ is the largest port-led operational and notified multi-product SEZ in India that offers land banks for large scale industries for manufacturing set-up based upon cluster-based development for various industries.

APSEZ has undertaken mangrove afforestation activities to the tune of 2885 Ha (as of August 2016) with a survival rate of over 85%. In 2016, the company announced that all ports and townships are being prepared to run on 100% renewable energy- a mix of solar and wind.[13]

In August 2017, Morgan Stanley analysis was quoted as "APSEZ is stacking up well compared to its global peers: On operating metrics such as revenue growth, margins, EBIDTA growth, net income growth and return ratios (RoCE/ RoE), and based on bottom-up estimates by Morgan Stanley analysts covering global ports, APSEZ is expected to be in the top quartile across various operating metrics despite the tax holiday for Mundra port coming to an end".[14]

Ports & TerminalsEdit

Mundra Port

Since 2013, Mundra Port is India's largest private commercial port and it hosts world's largest coal import terminal.[7] Mundra Port is known to introduce technological advancements that lead to a high level of automation in order to enhance speed and efficiency for cargo handling.[15]

Up to August 2016, around 20,000 ships had docked Mundra without a single-accident representing the high safety standards implemented by the port authorities. Mundra Port has two single-point mooring (SPM) facilities to evacuate crude oil on the high seas. Efforts to build a new container terminal in Mundra in partnership with French shipping giant CMA Terminals are underway.[6]

Mundra Port is a deep-water, all-weather, berthing on arrival port in the Gulf of Kutch. With 26 berths and dedicated terminals for different cargo and commodity types, it has an annual capacity to handle 231 MMT cargo. The port is connected to National Highway (NH) network through State Highways 48 via Anjar and SH-6. It has a privately developed rail network of 69 km connecting Adipur to Mundra port, which in-turn provides nationwide connectivity. It is capable of berthing fully loaded capesize vessels, VLCC and ULCC. It handles dry bulk, break bulk, project cargo, liquid, containers, automobiles, and crude.

Krishnapatnam Port

Krishnapatnam Port Company Limited (KPCL) s a multi-cargo facility port located near Nellore, Andhra Pradesh. KPCL has been acquired by Adani Ports in Oct, 2020 for INR 13,000 cr. from CVR Group (Navayuga Group).[16][17][18]

Hazira Port

The Hazira Port is a deep-water port located in the Gulf of Khambat, Surat, Gujarat. It constitutes 5 berths and has an annual capacity to handle 35 MMT cargo. It handles dry bulk, break bulk, project cargo, liquid, containers, and automobiles and can berth Panamax vessels, liquid tankers and container vessels. It serves as an international trade gateway to Europe, Africa, America and the Middle East. It is situated on the main broad gauge rail route between Delhi and Mumbai. The double track is fully electrified and is designed for fast trains. The Port can simultaneously handle different classes of vessels and a large fleet of support equipment.

Dhamra Port

Dhamra Port is a deep-water, all-weather, multi-user, multi-cargo port located between Haldia and Paradeep ports on India's eastern coast. It can handle dry bulk, breakbulk, project cargo, and containers, and has an annual capacity of 40 MMT cargo which can go up to 100 MMT in the future. It is located near the mineral belts of Odisha, Jharkhand, and West Bengal. It is connected by a 62 km railway line to Ranital Link Cabin which connects the main Howrah-Chennai line. It features a fully integrated conveyor system for import and export, a coastal circuit for fast cargo transit, and rapid loading silos with 4000 TPH capacity. Situated between Haldia in West Bengal and Paradip in Odisha, the Port is located 215 km from Bhubaneshwar. The port serves as a gateway to Nepal, Bangladesh, Myanmar and the entire geopolitical region, including the ASEAN region.[19]

Dahej Port

The Dahej Port is a deep-water, multi-cargo port in the Gulf of Khambat, Bharuch, Gujarat. It houses two dry and breaks bulk berths and dedicated facilities for handling project cargo. It has a capacity to handle 2 crore (20 million) tonnes per year. It handles all kinds of dry bulk and breakbulk cargo including coal, fertiliser, Agri products, steel cargo, minerals, etc. Additionally, it is capable of berthing capesize and Panama vessels. It accommodates a dedicated railway line; Bharuch Dahej Railway Company Limited (BDRCL) which connects Dahej Port with the national rail network. The port is connected to the national highway 8 through a six-lane state highway (SH 6) as well. It is connected to the contiguous industrial hubs of Gujarat, Maharashtra and eastern Madhya Pradesh.

Dahej Port is equipped with India's first high speed elevated triangular gallery overload conveying system for coal transportation which eliminates dust pollution. It accommodates a Ro-Ro Jetty for project cargo movement of 9.8 km long fully integrated high-speed conveyor. It has mechanised cargo handling and wagon loading systems.

Vizag Terminal

The Vizag Terminal is located on the east coast of India with one berth located in the northern arm of the inner harbour of Vishakhapatnam Port Trust. The port has a capacity to handle 65 lakh (6.5 million) tonnes per year. It is permitted to handle coal cargo. The terminal is connected to the national network of the Chennai-Vishakhapatnam-Howrah rail corridor through Vishakhapatnam Port Terminal's R&D yard and the national highway number 5 (Chennai to Kolkatta). Additionally, it connects to the hinterlands of Andhra Pradesh, Telangana, Chhattisgarh and Odisha. The terminal is capable of berthing Panamax vessels. It consists of 2 harbour mobile cranes, 280m Berth, a 2.1 km long conveyor system, two stacker cum reclaimers with mechanised wagon loading facility, and storage land.

Mormugao Terminal

Mormugao Terminal is a one-berth terminal located on the west coast of India. It has a capacity of 7 MMT cargo. It can handle coal cargo, Panamax and capsize vessels. Its main feature is a mechanised material handling system of conveyor systems and stacker cum reclaimers. This system has a stacking capacity of 5,000 TPH and a reclaiming capacity of 2,500 TPH. It is connected to Maharashtra and Karnataka hinterlands via South Central Railways and Konkan Railways.

Vizhinjam Port

The 35 lakh (3.5 million) TEU port is expected to be commissioned by 2020. It is expandable to 43 lakh (4.3 million) TEU and allows for a draft (the maximum a ship can sink into the water on loading) of 18.5 metres. The port will cut India's dependence on facilities in Colombo and Singapore, which handle the majority of trans shipment of Indian containers, apart from Jebel Ali.[20]

Kattupalli Port

Kattupalli Port lies 24 km north of Chennai Port, and can handle 18 MMT cargo, including containers, break bulk and project cargo. It can berth fully loaded Capesize vessels and container vessels. It has a DPD warehouse within the container for movement of AEO and DPD consignments, and a 45,000 sq. ft. warehouse with off-dock CFS. Kattupalli Port is connected to all CFSs/ICDs/SEZs in Chennai for imports and exports.

Ennore Terminal

Ennore Terminal is a container terminal located in the northern suburbs of Chennai. It can handle 12 MMT cargo. It is connected to the hinterland by roads, including the upcoming EMRIP project and Northern Port Access Road.

Tuna Terminal

Tuna Port is an all-weather, berthing on arrival port with the largest coal import terminal of 35,000 MT/Day discharge rate near Kandla Port. It has a capacity of 2 crore (20 million) tonnes per year and can handle 1,30,00 DWT vessels at berth. It can handle all kinds of dry bulk and breakbulk cargo including coal, fertilizer, agri-products, steel cargo, and minerals, and it is equipped with a fully integrated high-speed conveyor system. It is connected to National Highway (NH) 8A.

Dighi Port

Dighi Port was acquired by APSEZ in February 2021, with the intention to be an alternative to JNPT, Navi Mumbai.[21][22]

Awards and recognitionEdit

In 2019, the organisation won an 'Honorary Special Mention' award at the first-ever National CSR Award ceremony. The award was presented by the Finance Minister Nirmala Sitharaman and her deputy Anurag Thakur.[23][24][25][26]

Violation of environmental normsEdit

A committee headed by Sunita Narain of Centre for Science and Environment, was set up by the Union Ministry of Environment and Forests to inspect ship-breaking facility of M/s Adani Port and SEZ Limited near Mundra West Port in Gujarat's Kutch district. The committee which submitted its report on 18 April 2013, found incontrovertible evidence of destruction of mangroves, blocking of creeks, and non-compliance of other clearance conditions. Subsequently, on 29 July 2013, a public hearing for the project was held where people from four project-affected villages and nearby locations attended the public hearing at Tunda village in Mundra taluka and posed questions about the project and its impact on the environment. The public hearing was successfully completed with answering of each question asked from villagers.[citation needed]

See AlsoEdit

ReferencesEdit

  1. ^ a b c d e f "BalSheet 31.03.2020".
  2. ^ "Adani Ports & SEZ raises Rs 500 crore through allotment of NCDs". The Economic Times. 27 May 2020.
  3. ^ Manoj, P. "Adani Ports suspends direct port delivery of containers". @businessline. Retrieved 4 May 2020.
  4. ^ "Mundra Port and SEZ Ltd | Private Operated Ports | Ports in Gujarat | Ports | Home | GMB Ports". 4 June 2013. Archived from the original on 4 June 2013. Retrieved 4 May 2020.
  5. ^ Pandit, Virendra. "Mundra Port co is now Adani Ports and SEZ Ltd". @businessline. Retrieved 4 May 2020.
  6. ^ a b "King of Ports- Business News". www.businesstoday.in. Retrieved 4 May 2020.
  7. ^ a b c Manoj, P. "APSEZ set to become top container port operator". @businessline. Retrieved 4 May 2020.
  8. ^ a b Chowdhury, Anirban (5 April 2017). "Adani Ports will go green, focus on logistics business". The Economic Times. Retrieved 4 May 2020.
  9. ^ "ADANIPORTS Institutional Ownership - ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD. Stock". fintel.io. Retrieved 4 May 2020.
  10. ^ Bureau, BW Online. "Adani Agri Logistics Dispatches 30,000 Tonnes of Food Grains For PMGKAY". BW Businessworld. Retrieved 12 May 2020.
  11. ^ "Adani Agri Logistics dispatches 30,000 tonnes of food grains for PMGKAY". Sify. Retrieved 12 May 2020.
  12. ^ "Adani Ports dredging fleet emerges as India's largest: APSEZ". The New Indian Express. Retrieved 4 May 2020.
  13. ^ Karunakaran, Naren (11 August 2016). "How Adani Group is moving towards corporate responsibility from controversies". The Economic Times. Retrieved 4 May 2020.
  14. ^ "Adani Ports and SEZ: Morgan Stanley has this to say". The Financial Express. 28 August 2017. Retrieved 4 May 2020.
  15. ^ "The Port King- Business News". www.businesstoday.in. Retrieved 4 May 2020.
  16. ^ "Adani Ports and SEZ Ltd. completes Rs. 12000 cr acquisition of Krishnapatnam Port Company Ltd. (KPCL)". www.adaniports.com. Retrieved 24 February 2021.
  17. ^ Manoj, P. "Adani Ports buys Krishnapatnam Port from CVR Group for ₹13,500 crore". @businessline. Retrieved 24 February 2021.
  18. ^ "Adani buying Krishnapatnam port for $770m". Seatrade Maritime. 5 December 2019. Retrieved 24 February 2021.
  19. ^ "Adani Ports inaugurates phase II of Dhamra Port". The Economic Times. 7 April 2018. Retrieved 4 May 2020.
  20. ^ "King of Ports- Business News". www.businesstoday.in. Retrieved 4 May 2020.
  21. ^ Jaiswal, Priya (17 February 2021). "Adani Ports acquires Dighi Port, earmarks Rs 10K cr for new gateway into Maharashtra". www.indiatvnews.com. Retrieved 17 February 2021.
  22. ^ "Adani acquires Dighi Port for Rs 705 crore - OrissaPOST". Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST. 17 February 2021. Retrieved 17 February 2021.
  23. ^ "Adani Ports & SEZ gets National CSR award". in.news.yahoo.com. Retrieved 4 May 2020.
  24. ^ "Adani Ports & SEZ gets National CSR award". Devdiscourse. Retrieved 4 May 2020.
  25. ^ "Adani Ports & SEZ gets National CSR award". Business Standard. Press Trust of India. 1 November 2019. Retrieved 4 May 2020.
  26. ^ 1 Nov, PTI |; 2019; Ist, 19:31. "Adani Ports & SEZ gets National CSR award - Times of India". The Times of India. Retrieved 4 May 2020.CS1 maint: numeric names: authors list (link)

External linksEdit