You are here: Home » Companies » News
Business Standard

Adani's Mundra Port handles 100 MMT cargo in FY '14

The Mundra port today possesses capacity to handle over 200 million tonnes of cargo

BS Reporter  |  Ahmedabad 

Clocking the fastest growth in cargo handling, Mundra Port, the flagship port of Adani and Ltd. (APSEZ) handled a record 100 million metric tonnes in a year in fiscal year 2013-14.

Part of the Adani Group, is the country's largest port developer and operator. Having signed a concession agreement in 2001-02, the became the only commercial port in the country to have handled 100 MMT of cargo in a year.

Moreover, with technology deployed to ensure the highest levels of efficiency and productivity, the today possesses capacity to handle over 200 million tonnes of cargo.

"This is a significant milestone for APSEZ's journey. It reconfirms my faith in the passion and commitment of our employees. This coupled with our customers’ trust in our capabilities will help us in achieving our vision of handling 200 million metric tonnes of cargo much ahead of our original timeline of 2020. I see as a strategic harbinger which our network of on Indian coast will emulate, and grow exponentially," said Gautam Adani, chairman of .

The company developed India's longest private railway line (64 km) to connect Mundra port with the national railway grid in November 2000.

The first container terminal of the current three, was commissioned in July 2003 and the first offshore single point mooring for crude oil, was commissioned in December 2005.

Moreover, a Roll on Roll Off (Ro-Ro) automobile terminal with a floating pontoon was commissioned in January 2009. The Mundra port also claims to house the world's largest and fully mechanised coal import terminal with a capacity of 60 MMTPA which was commissioned in December 2010. This rapid pace of developments is what helped Mundra port to gallop to 100 million metric tonnes in just 12 years.

Adani and Special Economic Zone also operates terminals in Hazira and Dahej, in Gujarat, Mormugao in Goa and Visakhapatnam in Andhra Pradesh.

Meanwhile, according to APSEZ, handling 100 MMT was the fastest growth in port sector our country has witnessed and one of the best by global standards, surpassing all the government as well as private commercial ports of India (a compounded annual average growth rate of over 35 per cent).

First Published: Mon, March 31 2014. 20:58 IST
RECOMMENDED FOR YOU