Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest private port operator, has signed a 30-year concession agreement with the Deendayal Port Authority (DPA) for the development, operation, and maintenance of Berth No. 13 at Deendayal Port, formerly known as Kandla Port, in Gujarat.
APSEZ has incorporated a wholly owned subsidiary, DPA Container and Clean Cargo Terminal Limited (DPACCCTL), that will carry out operations at the berth.
“Berth No. 13 will diversify our presence at Deendayal Port. We will now handle multipurpose clean cargo at the port, in addition to dry bulk cargo that we already handle. The berth will further consolidate our position on the western coast and enhance our ability to service customers in Gujarat and north India,” said Ashwani Gupta, Whole-time Director and CEO, APSEZ.
Specifically, Adani already operates a highly automated dry bulk terminal, Tuna Terminal, in the vicinity of Kandla port. Tuna Terminal handles all types of dry bulk cargo including coal, fertilizers, minerals, industrial salt and agriculture products.
The concession agreement comes on the heels of Adani Ports receiving a Letter of Intent (LOI) in July 2024 for the development, operation, and maintenance of the berth. Adani said that it plans to develop the facility under DBFOT (Design, Build, Finance, Operate, and Transfer) model for multipurpose clean cargo, including container cargo.
According to Adani, the berth, extending 300 metres in length, will boast an annual capacity of 5.7 million tonnes. The facility is anticipated to be operational by the fiscal year 2027.
More container terminal concessions are expected to change hands as integrated companies look to match their terminal portfolios to their wider supply chain strategy, while at the same time spreading the risk from supply chain disruptions.
Adani Ports plans to develop a 25-meter-deep port in Bataan, Philippines, investing in multiple sectors due to the “stable business environment under President Marcos.”