Adani Ports emerges as highest bidder for 18-MMT Paradip dry bulk berths

New Delhi: Adani Ports and Special Economic Zone on Wednesday said it has emerged as the highest bidder for the development and operation of two dry bulk berths at Paradip port in Odisha.

The addition of 18 million metric tonnes (MMT) of new capacity will take Adani Ports and Special Economic Zone Limited's (APSEZ) total portfolio to 671 MMTPA, advancing its target of reaching 1 billion tonnes of cargo throughput by 2030, The company, in a statement, said.

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"Under the 30-year concession, the project will be executed under the public-private partnership model," APSEZ said.

India's largest integrated transport operator said APSEZ will develop CQ-I and CQ-II berths with state-of-the-art mechanised cargo handling systems, deep-draft berths and large-scale storage infrastructure.

The company said the addition enhances APSEZ's access to the mineral-rich hinterland of eastern and central India, supporting long-term cargo growth and network leadership.

APSEZ Whole-time Director and CEO Ashwani Gupta said the Paradip concession will strengthen APSEZ’s presence on the east coast and expand its access to one of India's most important industrial and mineral-rich hinterlands.

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With Paradip, APSEZ's network grows to 16 ports and terminals across India's 11,000-km coastline, strengthening our ability to deliver integrated port, logistics and marine solutions through the country's most comprehensive transport infrastructure platform, he added.

Located in a mineral-rich hinterland with major steel plants, Paradip is India’s second-largest major port and a vital bulk cargo gateway.

The Paradip terminal will boost APSEZ’s capacity to handle rising volumes of coal, limestone, and other dry bulk commodities, while expanding its reach across core industrial and manufacturing clusters in eastern and central India.

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