The new airport is expected to be set up by the Airports Authority of India (AAI), while NTPC will set up the LNG power plant, a senior official aware of the plan told ET.
Great Nicobar port to get LNG power plant, international airport
The ports business has been seeing exponential growth in the past few years, and Adani expects the trajectory to continue. “Currently, the split between our ports and logistics segment is 70:30, and we expect the same to continue because while our logistics segment is growing, so is our ports segment, and that too at a […]
Ports, Shipping and Waterways Ministry approves Rs 46.47 lakh dredged sediment reuse project
2 years ago
According to a statement by the ministry on Saturday, the project has been sanctioned at an estimated cost of Rs 46,47,380. The ‘Valorization of dredged sediments’ is the reuse of sediments as raw material for civil engineering and other purposes. It can be a sustainable solution to reduce the strain on natural resources and eliminate […]
Billionaire Gautam Adani’s company, Adani Ports, plans to build a new port in Da Nang, Vietnam, after receiving initial approval from the Vietnamese government. This project aims to enhance trade infrastructure with container terminals and versatile berths for various cargoes. Adani Ports, already operating in Israel, Sri Lanka, and Tanzania, seeks to boost India’s maritime […]
Adani Group and India make history with the arrival of the San Fernando cargo ship at Kerala’s Vizhinjam International Sea Port. The port, a key player in global trade routes, marks India’s entry into global transshipment. Adani Ports plans to invest $1.2 billion to boost the port’s capacity, positioning it as a world-class transshipment hub.
Vizinjham port will reduce time, logistics cost for Indian manufacturers: APSEZ CEO Karan Adani
2 years ago
Adani Ports and SEZ CEO Karan Adani announced that the Vizinjham port will significantly cut down logistics costs and time for Indian manufacturers by up to 40%. This milestone follows the arrival of the first mother ship at the port, marking India’s entry into global transshipment. The port’s advanced facilities, including automated operations and modern […]
The Adani Group has announced plans to invest an additional Rs 20,000 crore to complete the remaining phases of the Vizhinjam International Seaport in Kerala. This port, the first transshipment port in India, is being developed by Adani Ports and Special Economic Zone Ltd (APSEZ) under a public-private partnership model at a total cost of […]