Mundra & Dahej Ports set industry paradigms

EDITORS’ SYNOPSIS:

Mundra Port

- handles record coal per day at 111,699 metric tonnes
- Surpasses Krishnapattinam Port’s record of 106,171 MT
- 4th-largest commercial port & largest private port in India

Dahej Coal Terminal

-The terminal gets rail connectivity
- To help reduce logistics costs between 20% to 40%

Mundra Port and Special Economic Zone Ltd (MPSEZ), India’s No. 1 private multi-port operator, today said its Mundra port had handled a record 111,699 metric tonnes of steam coal in 24 hours, which was an India best performance till date, while its coal import terminal at Dahej Port, had been connected by railways, a move that will help reducing logistics costs for transporting coal to the region and rest of India.

The Mundra port’s West Basin terminal, Asia’s largest coal import facility, surpassed Krishnapattinam Port’s national record of best coal discharge performance of 106,171 MT in July 2011 and improved its own record of 95,000 MT in June 2011. The West Basin terminal has a capacity of 1.6 MT per day which is being expanded to 3.2 MT per day.

“Coal is India Inc’s most affordable fuel and we at Mundra Port are committed to bring down costs by supplying this fuel. This feat at West Basin could not have been possible without the sheer hardwork put in by our team of young employees,” said Dr Malay Mahadevia, Wholetime Director at MPSEZ.

“Logistics is presently the biggest hurdle faced by India Inc. It is the Adani group’s endeavor to increase India’s efficiency and boost its economy by progressively reducing high logistics cost. Importing coal at Dahej is expected to reduce logistics costs between 20% to 40% for the power plants in western India and specifically in the region. We are committed to do so by developing highly efficient ports, Inland terminals and other logistics infrastructure,” Dr Mahadevia said.

Meanwhile, the coal import terminal, owned by Adani Petronet (Dahej) Ltd, a joint venture with Petronet LNG Ltd, has a capacity to handle 20 million tonnes of coal a year. The rail connectivity has firmly put the terminal on the coal map of India and it is expected to feed several large industrial customers and power plants in Gujarat, Maharashtra and western Madhya Pradesh.

The railway line of about 62 kms was built by the Bharuch Dahej Railway Corporation Limited, with an aim to provide vital rail connectivity to the industrial establishments in Dahej.

The coal import terminal at Dahej is equipped with two jetties with a deep draft of 14 metres each thus enabling berthing of large capsize vessels.

About The Adani Group

The US $ 6 billion Adani Group is rated amongst the top 10 and fastest growing business houses in India. An integrated infrastructure conglomerate, the Group has leveraged its strong project execution capabilities in key traditional industry verticals like Infrastructure, Mining, Power, Ports and SEZ to achieve significant growth and stakeholder value.

Founded in 1988, the Adani group today employs over 8,500 people across two continents. It has truly metamorphed from being a trusted trading house into a diversified multinational conglomerate with integrated operations across India, Indonesia and Australia.

Adani Enterprises Ltd, the Adani Group’s flagship company, has featured in the Forbes Asia’s Fab 50 for last two consecutive years. Forbes also ranked Adani Group chairman Gautam Adani as the 7th Richest Indian in 2011, while Fortune ranked him as the Business Leader of the Next Decade in its February 2011 issue.

Our businesses:

Power: Spearheading the Adani Group’s foray into power infrastructure is Adani Power, implementing 16,500 MW of power generation projects at six locations across India, with the objective of generating 20,000 MW by 2020. It is also actively investing in cross country power transmission lines. Adani Power is credited with commissioning of India’s first environment friendly and energy efficient supercritical technology based 660 MW power unit. Adani Power is today the country’s largest thermal power producer in private sector.

Port Infrastructure: The Adani Group is also engaged in the creation of a port and special economic zone, logistics management (shipping to container train movement), storage and movement (food grain and orchard products) as well as realty development. The Adani Group established India’s largest private sector port and Special Economic Zone at Mundra (Gujarat) and is engaged in developing ports/terminals at Dahej, Hazira, Mormugao and Visakhapatnam in India and Adani Abbot Point in Australia. The Group is focused on emerging as the largest port in the country by aiming to handle 200 million tonnes of cargo by 2020.

Coal Mining: The Adani Group is the country’s largest importer and supplier of coal and is also its leading private mine developer and operator. It also owns mining and development rights for 130 Million tonnes coal mining in India. Adani owns coal mining rights in Indonesia and Australia. Adani supplied nearly 30 million tonnes of coal last fiscal to Indian companies and is expected to manage 200 million tonnes of coal by 2020.

Agro-products: The Adani Group is also engaged in the business of agro-products (wheat, pulses and edible oil); its ‘Fortune’ brand is the largest edible oil brand in India today.

Oil & Gas: The Adani Group’s energy business basket includes the supply of Compressed Natural Gas to automobiles and piped natural gas to household users. It also has ventured into oil and gas exploration and production with assets in India, Thailand and Egypt.

Mundra Port and Special Economic Zone Limited
Adani House, Nr. Mithakali Circle
Navrangpura, Ahmedabad 380 009
Gujarat, India

This release was published on openPR.