Adani Ports Secures 30-Year Contract for Terminal at Deendayal Port

Adani Ports and Special Economic Zone Ltd (APSEZ) has signed a concession agreement with the Deendayal Port Authority to operate a multipurpose terminal at Kandla in Gujarat. This marks a strategic win for APSEZ, as the agreement grants the company the responsibility to equip and manage a 5.7 million-tonne capacity terminal that will primarily handle clean cargo, including containers. The terminal, located at Berth No. 13, is part of the government’s National Monetisation Pipeline (NMP) initiative aimed at boosting private sector participation in port operations.

The 30-year concession contract was awarded through a competitive tender process, with APSEZ offering the highest royalty of ₹200 per tonne. This deal strengthens APSEZ’s already significant presence at Deendayal Port, where it operates a dry bulk cargo terminal at Tuna Tekra. The addition of the multipurpose terminal will enhance the company's ability to handle a wider range of cargo, including machinery, Ro-Ro (roll-on/roll-off) cargo, sugar, salt, wooden logs, and containers.

As part of the contract, APSEZ will modernize the terminal by installing state-of-the-art equipment, such as cranes, forklifts, and payloaders, and develop supporting infrastructure like storage facilities, roads, and rail links. The terminal, with its 300-meter quay, will be capable of handling vessels up to 75,000 deadweight tons, positioning it as a key asset for India's growing maritime trade.

Additionally, APSEZ has the flexibility to set market-based rates for the services offered at the terminal, providing the company with the opportunity to optimize revenue generation. This development aligns with APSEZ’s strategy of expanding its port operations across India and strengthening its logistics network.

This concession agreement confirms the project as a tender-based contract, positioning APSEZ as a key player in the privatization efforts of Indian ports.

News by Rahul Yelligetti