Adani Ports & SEZ Limited

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Adani Ports & SEZ Limited Adani Ports & SEZ Limited Mundra port operated by Adani Ports & SEZ limited Adani Ports & Special Economic Zone Limited Business of Success Type Public company BSE: 532921 Industry Port & Shipping Founded 1998 Founder(s) Gautam Adani Headquarters Ahmedabad, Gujarat, India Key people Mr. Gautam S. Adani(Chairman) Dr. Malay Mahadevia (Whole Time Director) Mr. Rajeeva Ranjan Sinha (Whole Time Director) Capt. Sandeep Mehta (Chief Executive Officer) Capt. Unmesh Abhyankar (chief operating officer) Mr. B.G. Gandhi (Associate General Manager - West Basin) Mr. Christopher Wood (Head – West Basin Port) Revenue 34.86 billion (US$530 million)(FY 2012–13) Net income 16.23 billion (US$250 million)(FY 2012–13) Parent Adani Group Website www.adani.com Adani Ports and Special Economic Zone Limited (APSEZ) is India’s largest private multi-port operator. APSEZ is a part of the Adani Group, a global integrated infrastructure player.[1] The company (earlier known as Mundra Port & Special Economic Zone Ltd) changed its name to "Adani Ports and Special Economic Zone Limited" effective 6 January 2012.[2] While earlier, the company had only one operational port at Mundra, today it also operates ports at Dahej and Hazira in India and at Abbot Point in Australia. The company is also developing port infrastructure at Mormugao,Visakhapatnam and Kandla in India, Dudgeon Point in Australia and Bunyu in Indonesia.[3] APSEZ is India’s first multi-product port-based special economic zone (SEZ).[1] The port is located in the Northern Gulf of Kutch, en route major maritime routes and well connected through rail, road, air & pipelines. This makes it a preferred gateway for cargo bound westwards. The port has been designed to handle all types of cargo viz. containers, dry bulk, break bulk, liquid cargo and automobiles.[3] Adani Port & Special Economic Zone Limited was conferred with the Gateway Awards of Excellence – Ports & Shipping 2012 in the "Private Port of the Year" category.[4] Contents [hide] 1 Port Information 2 Milestones 3 Port layout and infrastructure 4 Terminals and berths 5 Port connectivity o 5.1 Rail o 5.2 Road o 5.3 Air o 5.4 Pipelines 6 Commodities 7 Cargo handling 8 Operations 9 Violation of environmental norms 10 References 11 External links Port Information[edit] The development of Adani Port & Special Economic Zone Limited was conceptualised by the entrepreneur Mr. Gautam Adani. The port commenced its operations with one berth in October 1998. APSEZ today consists of 22 berths with a total quay length of 6.5 km in addition to 2 single point moorings (SPM) and stands on the threshold of being the largest commercial port in India.[5] APSEZ has an effective capacity to handle 185 million tonnes of cargo per annum – the largest amongst all operational ports in India. APSEZ handled 64 million tonnes of cargo in the financial year 2011–12. APSEZ was ranked fourth amongst all commercial ports in India in terms of the total volume of cargo handled in a financial year.[5] APSEZ has not only pioneered the concept of deep draft integrated port model, but also of port based SEZ. The multi-product SEZ consisting Mundra Port and its surrounding areas is planned to be spread over 135 square kilometres (13,500 hectares). Currently, notified Multi-product SEZ is spread over an area of 6473 Hectare, with an additional 168 Hectares notified as a Free Trade Warehousing Zone.[6] Milestones[edit] 1994 January – Gujarat Maritime Board (GMB) approved to set up captive jetty at Mundra[7] 1998 October – Mundra Port commences commercial operations with one berth[8] 2002 October – Agreements signed with Indian Oil Corporation (IOC) for setting up Single point mooring (SPM) facility and crude oil handling at Mundra[9] 2003 – First container terminal at APSEZ, Mundra International Container Terminal commences operations (quay length 633 metres) 2005 – First Single point facility at Mundra Port commences operations[9] 2006 April – Notification issued for Special Economic Zone (SEZ) at Mundra 2007 Offer Initial Public Offer (IPO) for 40,250,000 equity shares of Rs. 10 each of Mudra Port and Special Economic zone Ltd. to public and employees with price band Rs. 400 – Rs. 440[10] Terminal Two consisting of 4 solid cargo berths commences operations Second container terminal at APSEZ, Adani Mundra Container Terminal commences operations (quay length 632 metres) 2009 – Ro-Ro Terminal for export & import of automobiles commences operations 2010 Constructed a four lane 1.5 km. long dedicated RoB at a cost of Rs.500 million. This is the first private four-lane RoB within port area in India capable of withstanding a load of 100 MT to smoothen and speed up cargo movement[11] World’s largest fully mechanised coal import terminal with 60 MMTPA capacity was put into operation[12] 2011 Second Single Point Facility at APSEZ commences operations for catering to HMEL Bhatinda requirements Terminal Three commences operations 2012 Name changed to Adani Ports and Special Economic Zone Limited [required] Doubling of the rail connectivity between Mundra and Adipur completed. APSEZ now has a private rail network of 117 km. Third container terminal at APSEZ, Adani International Container Terminal commences operations (quay length 810 metres) Port layout and infrastructure[edit] Adani Ports and Special Economic Zone Limited offers a convenient international trade gateway to Europe, Africa, America and the Middle East. The port has a deep draft that facilitates large vessels including fully laden capsize vessels to dock alongside its berth.[13] Infrastructure capable of facilitating alongside berthing helps customers reduce cost which is associated with lighterage operations. It also helps clients bring in larger vessels and benefit from economies of scale. APSEZ has ample and commodity-specific dedicated storage areas. The Port has 225,000 sq. metres of closed godowns and 3,150,000 sq. metres of open storage yards for storage of import or export cargo within the port premises. The Liquid Terminal at ASPEZ consists of 97 tanks of different sizes and attributes with a total storage capacity of 425,000 kilolitres for storage of various liquid commodities. APSEZ has also developed adequate infrastructure for evacuation of cargo keeping in mind the concept of the inverted funnel. According to the concept, the capacity of a port’s evacuation infrastructure should be more that it’s marine infrastructure. APSEZ has developed commodity-specific infrastructure for efficient handling, storage and evacuation of cargo. The Fertilizer Cargo Complex (FCC) is a fully mechanised state-of-art dedicated fertiliser handling facility. The FCC has 2 operational lines with 44 bagging machines with a capacity to bag 660 nos. of 50-kg bags per minute and an effective capacity to load and evacuate 8–10 rakes per day i.e. 25,600 tonnes per day.[4] The steel yard is a dedicated steel storage area spread over 120,000 sq metres and consists of latest equipment for handling steel cargo. The steel yard is equipped with 8 Goliath cranes and 2 mobiles cranes with vacuum lift attachments, 6 forklifts with multiple attachments to handle steel coils, slabs and plates, 1 reach stacker and 60 trailers for internal transportation. Besides the port area there is a large land area for development. A part of this area is now notified and functional SEZ which is now largest port based Multi product SEZ of the country.[14] This SEZ is ideally suited to service the huge hinterland of north and northwest India which account for two-third of India’s GDP. The area is well connected with National road, rail and pipeline network. Being spread over an area of 84 km2 it includes port, container terminals.[1] Rail, Airport, Container freight station, storage tanks leading to competitive logistic cost. The area is equipped with uninterrupted cost effective Power supply, Essential Utilities, Infrastructure and planned social infrastructure for living, learning, health care and recreation.[3] APSEZ is being developed as a contemporary business location and is an attractive place to invest and suited for a diverse activity base for sectors like Light and Heavy Engineering, Project cargo, Auto and Auto Component, Textiles and Apparel, Pharmaceuticals Dyes and Specialty chemical, Agriproduct processing, Plastic processing, Timber and Furniture, Global trading, Metal and Mineral etc.[4] It has considerable distance advantage over other ports to most destinations in Rajasthan, Haryana, Punjab, Delhi-NCR, Uttar Pradesh, Madhya Pradesh, Jammu and Kashmir, Himachal Pradesh and Uttarakhand.[1] Terminals and berths[edit] The driving force behind the stupendous growth of Adani Ports and Special Economic Zone Limited is the philosophy that berths should wait for vessels and not the other way. The marine infrastructure at APSEZ consists of ten (10) berths for handling dry bulk & break bulk cargo, three (3) berths for handling liquid cargo, six (6) container berths including a Ro-Ro berth, three (3) mechanised import cargo berths and 2 single point moorings for crude oil imports. The mechanised import cargo berths can handle vessels with maximum draft of 19 metres and other berths can handle vessels with maximum draft of 17 metres. The SPM facility offers a draft of 32 metres. The Port has its own fleet of tugs and best-in-class pilots to ensure safe berthing and unberthing of vessels calling at the Port. APSEZ also owns a fleet of latest dredgers to carry out the capital and maintenance dredging activities and thereby ensuring that APSEZ has the deepest draft amongst all ports in India. This self-contained eco system ensures high service levels to customer.[1] Port connectivity[edit] APSEZ offers good inland connectivity via rail track, road network, airport and cross country pipelines. Rail[edit] Adani Ports and Special Economic Zone Limited has developed a 117 km railway network from Mundra to Adipur.
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