Mundra Port Expansion

Objective

To support future demand and strengthen its strategic position, APSEZ has secured environmental and coastal regulation zone approval from the Indian government for a major expansion project with an estimated investment of ₹45,000 crore. This plan aims to more than double the port’s cargo handling capacity from around 225 million tonnes per year to approximately 514 million tonnes, expanding the waterfront and related infrastructure across over 3,300 hectares of port area. The expanded capacity will cater to a broader range of cargo types, including multi-purpose, liquid, gas, and cryogenic cargo, thereby boosting logistics efficiency and economic throughput

Description

Mundra Port, located in Gujarat’s Kutch district on India’s west coast, is the country’s largest commercial port and a vital gateway for international trade. Owned and developed by Adani Ports & Special Economic Zone Ltd (APSEZ), the port has seen sustained growth in cargo volumes and container throughput, handling record levels of cargo and container traffic due to continuous infrastructure enhancements and its deep-draft berths capable of accommodating large vessels

History

The Port of Mundra is a private port and is also a special economic zone. Incorporated in 1998 as Gujarat Adani Port Limited (GAPL), the company began operating in 2001. The combined company was renamed Mundra Port and Special Economic Zone Limited.It was financed by Industrial Finance Corporation of India

Finance