Mundra Port, the flagship of Adani Ports and Special Economic Zone Ltd (APSEZ), has set a record by handling 16.1 million metric tonnes (MMT) of cargo in October, the highest-ever volume by any port in India. Mundra Port, the country's largest port, crossed the 100 MMT-mark in 210 days, surpassing the record of 231 days last year, APSEZ said in a statement. According to the statement, Mundra witnessed a double-digit growth on a Y-o-Y basis for containers (+10 per cent) and liquids and gas (+14 per cent). It achieved another milestone of handling 4.2 million TEUs (twenty-foot equivalent unit) of containers in just 203 days, a feat achieved in 225 days in the previous financial year. The statement said it added new cargo types such as Hydrolysis Pi Gas (HPG) to its portfolio. On YTD (year to date) basis, it docked over 2,480 ships and serviced over 11,500 rakes. According to the statement, the port is targeting 200 MMT-milestone in cargo volumes during FY25. Given its capability t
Mundra Petrochem, an arm of Adani Enterprise has set its eyes on installing the plant with an annual capacity of one million tonnes in the first phase at a total cost of $2.5 million
Mundra unit's long term debt now stands at Rs 3,790 crore and comprises bonds and debentures
It will now sign supplemental PPAs with these units on a "case-by-case basis" over and above the existing PPAs.
Decision comes after buyer states say no to tariff hike; UMPP has been in the middle of a tussle for seven years over passthrough of escalated cost of imported coal
The terminal was mechanically completed in mid-2018 and was inaugurated by Prime Minister Narendra Modi
Adani Power's board to discuss an option this week, in wake of adverse SC order on compensatory rate