- APSEZ has signed a concession agreement with Deendayal Port Authority (DPA) for developing Berth No. 13
- APSEZ was awarded the Letter of Intent (LOI) in July 2024 to develop the berth under a 30-year concession
- Berth will handle multipurpose cargo and is expected to be commissioned in FY27
NE BUSINESS BUREAU
AHMEDABAD, SEPT 11
Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest port developer-cum-operator, has on Wednesday signed a concession agreement with DPA to develop Berth No. 13 at Deendayal Port, Kandla, Gujarat. APSEZ has incorporated a wholly owned subsidiary, DPA Container and Clean Cargo Terminal Limited (DPACCCTL), that will carry out operations at the berth.
In July 2024, APSEZ had received the LOI for the development, operation and maintenance of the berth for a 30-year concession period. APSEZ will develop the berth under DBFOT (Design, Build, Finance, Operate, and Transfer) model for multipurpose clean cargo, including container cargo.
Berth No. 13 is 300m long and offers 5.7 MMT capacity annually. It is likely to be commissioned in FY27.
“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.
