Energy demand will boost port volumes, says APSEZ CEO Karan Adani

A govt road map has been created for increasing the Indian port capacity to more than 3,500 mmtpa, which would cater to the projected traffic of 2,500 mmtpa by 2025

The energy sector is feeding a sizeable demand of both major and minor ports, which can be gauged from the commodity mix of Adani Ports and Special Economic Zone (APSEZ), a good chunk of business generating from import and export of coal, crude and petroleum products.

“Whether you take import or export, energy is one big growth area and as the country keeps growing, the energy needs will increase whether it is coal, LNG, LPG or crude oil,” Karan Adani, chief executive officer (CEO), APSEZ, told Business Standard.

“We are expecting a huge growth in it,” he said.

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