apsez

Prime Minister Narendra Modi on Saturday commissioned the Haldia Bulk Terminal (HBT) and formally dedicated it to the nation.

Adani Ports and Special Economic Zone (apsez) recorded a 42% increase in cargo volume in December 2023, reaching 35.65 million metric tonnes. Dry bulk cargo handling rose by 63%, and container handling increased by over 28%. In the quarter ending in December, apsez handled 109 MMT of cargo, with 106 MMT contributed by its domestic ports portfolio. apsez aims to achieve over 400 MMT of cargo volumes in FY24. The company plans to raise funds through non-convertible debentures and non-cumulative redeemable preference shares.

Registering record high cargo volumes through the first half of the fiscal, Adani Ports and Special Economic Zone Ltd (apsez) on Tuesday reported a 65% rise in consolidated net profit at Rs 1,738 crore for the quarter ended September 2022.

Adani Ports and Special Economic Zone Ltd (apsez) on Tuesday announced it has cumulatively handled 300 MMT cargo before March 2022.

New Delhi, Jun 21 () Ratings agency Moody's Investors Service Friday assigned 'Baa3' rating to the proposed senior unsecured bonds of Adani Ports and Special Economic Zone Limited (apsez).

Adani Ports and Special Economic Zone (apsez) reported a 1.37% rise in consolidated net profit for the quarter ending September 2023, reaching Rs 1,761.63 crore. The company's total income also increased, reaching Rs 6,951.86 crore, and total expenses rose to Rs 4,477 crore. apsez's EBITDA increased by 49% year-on-year to Rs 7,429 crore. The company achieved its highest ever half-yearly revenue, EBITDA, and cargo volumes during H1 FY24. apsez is part of the Adani Group and has 12 ports and terminals across the West and East coasts of India.

Adani International Container Terminal Pvt Ltd (AICTPL) became the first terminal in India to handle over 3,00,000 containers in a month, breaking its record. AICTPL handled 3,00,431 TEUs across 97 vessels in November 2023, handling approximately 10,000 TEUs every day. apsez, the parent company, handled about 36 million metric tonnes (MMT) of cargo in November 2023, up 42% Year on Year. apsez's Dhamra & Ennore Ports recorded their highest-ever monthly volumes.

New Delhi, Feb 6 () Ratings agency Fitch today assigned 'BBB-' rating to USD 500 million notes of Adani Ports and Special Economic Zone (apsez). "Fitch Ratings has assigned India-based Adani Ports and Special Economic Zone Limited's (apsez, BBB-/Stable) USD 500 million 3.

Adani Ports and Special Economic Zone Limited (apsez) on Tuesday signed an agreement with Indian Oil Corporation (IOC) to augment crude oil volumes in Mundra. IOC will expand its existing crude oil tank farm at apsez’s Mundra Port by constructing nine new crude oil tanks.

Adani Ports and Special Economic Zone (apsez) on Tuesday said it has completed the acquisition of Dighi Port for Rs 705 crore and would invest over Rs 10,000 crore in developing it as an alternate gateway to JNPT.

New Delhi, Aug 9 () Adani Ports and Special Economic Zone (apsez) today reported a healthy 31 per cent jump in consolidated net profit at Rs 835.71 crore for the quarter ended June 30, riding on growth in cargo volumes. The firm, led by Gautam Adani, had clocked a net profit of Rs 638.

Adani Ports and Special Economic Zone (apsez) on Monday received a nod from the National Company Law Tribunal (NCLT) – Ahmedabad and Hyderabad, to acquire Gangavaram Port Limited in Visakhapatnam. With the acquisition of the remaining 58.

The company is on track to achieve its full year guidance of 350-360 million metric tonnes (MMT) cargo volumes and EBITDA of Rs 12,200-12,600 crore, Adani added.

Adani Ports and Special Economic Zone (apsez) achieved a significant milestone by handling 420 million metric tonne (MMT) of Cargo in the fiscal year 2023-24, showcasing impressive growth despite global challenges.

New Delhi, Jun 28 () India's largest port developer and part of Adani Group apsez today entered a pact for acquiring Marine Infrastructure Developer Private Limited (MIDPL) for Rs 1,950 crore.

New Delhi, Mar 27 () Adani Port and Special Economic Zone (apsez) Wednesday claimed that it has become the first Indian port operator to handle cargo movement of 200 million tonnes (MT) in 2018-19. apsez, part of Gautam Adani-led Adani Group had recorded 100 MT cargo in 2013-14.

The Adani development in Tajpur comes close on the heels of last week’s Supreme Court breather for Adani Ports and Special Economic Zones (apsez), when it allowed it to participate in tenders floated by “public bodies”.

Besides Mundra, other port terminals operated by apsez which handle container cargo include Hazira port in Gujarat in addition to Krishnapatnam in Andhra Pradesh; Kattupalli and Ennore in Tamil Nadu; Dighi Port in Maharashtra and Vizhinjam in Kerala. Sources said that imports from Afghanistan have nearly stopped after its takeover by the Taliban.

Its total consolidated income increased to Rs 5,051.17 crore in the December 2022 quarter from Rs 4,713.37 crore in the year-ago period.