Adani to invest Rs 30,000 crore more in ports business
Adani Ports plans a ₹30,000 crore expansion over two years, primarily targeting Mundra, Dhamra, and Vizhinjam ports to achieve a one billion tonne cargo handling target by 2030. The investment spans ports, logistics, renewables, and marine service...
The company has set a cargo handling target of one billion tonnes annually by 2030, of which 850 MMT is expected from its Indian ports, and 140-150 MMT from overseas assets.
The FY26 investment plan is split across ports (₹6,500-7,000 crore), logistics (₹2,300 crore), renewables (₹1,500 crore) and marine services (₹700-800 crore), according to APSEZ's September presentation. The additional ₹30,000 crore capex will be concentrated on berth and terminal expansion at Mundra and Dhamra, and ramping up the Vizhinjam transshipment hub, which has already handled over one million twenty-feet equivalent units (TEUs) within nine months of launch. "Every port is going through a huge capex cycle," an executive said.
APSEZ did not respond to ET's query.
At the end of FY25, APSEZ had 633 MMT of installed capacity across 15 Indian ports and terminals. It handled 450 MMT, giving it a 27% national share.
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