Page 3 - Adani Ports And Special Economic Zone

APSEZ, DPA to develop multipurpose berth at Gujarat's Kandla Port

Adani Ports and Special Economic Zone (APSEZ) on Wednesday said it has signed a concession agreement with DPA to develop Berth No 13 at Deendayal Port, Kandla, Gujarat. APSEZ has incorporated a wholly-owned subsidiary, DPA Container and Clean Cargo Terminal Limited (DPACCCTL), that will carry out operations at the berth, it said in a statement. Berth will handle multipurpose cargo and is expected to be commissioned in FY27. In July 2024, APSEZ had received the LOI for the development, operation and maintenance of the berth for a 30-year concession period. According to the statement, APSEZ will develop the berth under DBFOT (Design, Build, Finance, Operate, and Transfer) model for multipurpose clean cargo, including container cargo. Berth No. 13 is 300 metres long and offers 5.7 MMT capacity annually. It is likely to be commissioned in FY27. APSEZ CEO and whole-time director Ashwani Gupta said, "Berth No. 13 will diversify our presence at Deendayal Port. We will now handle multipu

Adani Group to develop multipurpose berth at Gujarat's Kandla Port

The development will add a capacity of 5.7 MMT to the port operator's existing capacity of 580 MMT

India's first transshipment port Vizhinjam nears operational launch

The Vizhinjam port will also be the first mega port to come up since 1999 when Mundra began operations

Supreme Court stays Gujarat HC order on recovering land from Adani Ports

On July 5, the Additional Chief Secretary notified the court that the state administration had opted to reclaim 108 hectares of 'gauchar' land previously allocated to APSEZ

Adani Ports sees 12% growth in June 2024, clocks 37 MMT cargo volume

Adani Ports and Special Economic Zone Ltd (APSEZ) handled its highest-ever monthly cargo volume of 420 MMT in April 2024

Adani group shares trade mixed as Hindenburg issue resurfaces; AEL down 1%

Sebi slapped 'show cause' notice to Hindenburg; Adani Total Gas, Adani Energy Solutions, New Delhi Television and Adani Wilmar were up in the range of 1 per cent to 2 per cent.

Adani gets environmental nod for Rs 45,000 cr Mundra port expansion

The environmental and coastal regulation zone approvals from the Centre will allow the company to more than double capacity of its flagship Mundra port to 514 million tonnes

India summer temperature hits 50 degrees: 5 cool stocks for your portfolio

Infra stocks such as - Larsen & Toubro, Adani Ports, BPCL, Ashok Leyland and Container Corporation of India can rally up to 17 per cent, technical charts suggests.

Adani Group stocks rally; Enterprises surges 8%, Ports, Power hit new high

Report say Adani Enterprises may replace Wipro in the benchmark Sensex index. This may lead to inflows worth Rs 1,000 crore in the stock

Adani Group plans to invest $3 bn for global ports expansion in 3-5 years

Adani Ports aims to increase cargo traffic in the Middle East, Southeast Asia, Africa, and the Mediterranean through strategic acquisitions and partnerships over the next 3-5 years

In discussion with various parties: Adani Ports on investing in Philippines

Adani Ports issued a clarification on reports stating the company planned to launch a development project in Bataan, Philippines to expand its ports. Here's what they said

AEL, Adani Ports: Trading strategies in Adani Group stocks post Q4 results

Adani Group stocks technical outlook; Adani Enterprises, ACC and NDTV seem negative on the charts, while Adani Ports, Adani Green and Ambuja Cements hold promise. Other Adani stocks seen range-bound.

Adani Ports Q4FY24 results: Net profit rises 76% to Rs 2,040 crore

Company expects cargo traffic to rise to 500 mmt in 2025

Hindenburg allowed us to refocus on our core businesses: Karan Adani

He also mentioned that the Group has understood the importance of "perception and brand" value after the Hindenburg affair

Stocks to Watch today, Feb 8: Banks, Auto, Zomato, Adani Ports, LIC, TCP

Stocks to Watch on Thursday, February 8: Shares of banking and finance, auto, housing, and real estate will be in focus as the Reserve Bank of India is set to announce the decision of it's MPC meeting

Adani Group firms face busy HR year, see internal rejig as businesses grow

Spokesperson says similar adjustments made in the past while expanding into new sectors

This Adani Group stock has zoomed 40% in 5 weeks, hit new high today

The company said it is, now, targeting over 400 MMT of cargo volumes in FY24, surpassing the upper end of the guidance range (370-390 MMT) provided at the start of the current financial year

Stocks to Watch today, Jan 4: Adani Ports, NTPC, LIC, IT, Vedanta, OIL, IEX

Stocks to Watch on Thursday, January 4, 2024: The board of directors of Adani Ports and Special Economic Zone Limited (APSEZ) has approved raising funds up to Rs 5,000 crore

Adani Ports plans to issue $120 million rupee bond sale, first since 2021

Flagship Adani Enterprises Ltd. became the first of Indian billionaire Gautam Adani's firms to sell local-currency bonds, since being targeted by US short seller Hindenburg Research in January

Adani Ports in talks for acquisition of SP Group's Gopalpur Ports in Odisha

Adani Ports & Special Economic Zone is pursuing a potential Rs 1,100-1,200 crore acquisition of Gopalpur Ports from Shapoorji Pallonji Group, which would bolster its presence along the eastern coast