Through its port operator, Adani Ports and Special Economic Zone Limited (APSEZ), the company would reportedly invest up to INR 57.59 billion (USD 832 million) to expand the operations at the port.
Having handled a combined cargo of more than 200 mt in the year to March 2019, APSEZ has applied for environment and coastal regulation zone (CRZ) clearances for raising the capacity of Mundra by 385 million tons (mt). Mundra currently has approval for handling 225 mt.
The project includes extending the quay length by 14,470 metres, augmenting back-up facilities for handling multi-purpose, liquid, gas and cryogenic cargo, extending the eastern and western breakwater by 500 metres each in the south port, and constructing a 5,000 metre-long breakwater on the eastern side of west port, Hindu Business Line informed.
Source: World Maritime News