Adani Ports & SEZ Ltd, part of the Adani group, is expanding its flagship Adani International Container Terminal (AICTPL) at Mundra port.
AICTPL is a 50:50 joint venture with Terminal Investment Ltd, an arm of Mediterranean Shipping Company (MSC).
Adani Ports said the aim is to create a transhipment hub for West Asia, South Asia and India. The company said following the completion, AICTPL would emerge as the company’s largest container terminal with a total quay length of 1,460 m and cargo-handling capacity of 3.1m teu.
“We are pleased to take our partnership with Mediterranean Shipping Company to the next level. With this expansion, Mundra will become the largest container port in India with a cumulative capacity of 6.6 million teu and will help in achieving our vision of handling 200 million metric tonnes of annual cargo by 2020,” Karan Adani, chief executive officer of Adani Ports & SEZ Ltd, said.
The terminal will be equipped with 15 super post panamax quay cranes capable of handling 18,000 teu container vessels. It is expected to be commissioned within 15 months.
Adani Ports is scheduled to open another joint venture terminal – this time with CMA CGM – in Mundra this May.
