APSEZ Secures 30-Year Agreement for New Berth Development at Deendayal Port
Adani Ports and Special Economic Zone (APSEZ), a leading port developer and operator in India, has finalized a concession agreement with the Deendayal Port Authority (DPA). This agreement grants APSEZ the rights to develop Berth No. 13 at Deendayal Port in Kandla, Gujarat. To oversee the operations at this new berth, APSEZ has established a fully owned subsidiary, DPA Container and Clean Cargo Terminal Limited (DPACCCTL). The company had previously received a Letter of Intent (LOI) in July 2024 for the development, operation, and maintenance of the berth, with a concession period spanning 30 years. The project will be executed under the Design, Build, Finance, Operate, and Transfer (DBFOT) model, with a primary focus on handling multipurpose clean cargo, including containerized goods. Berth No. 13, measuring 300 meters in length and possessing an annual capacity of 5.7 million metric tons (MMT), is projected to commence operations by the fiscal year 2027. Ashwani Gupta, Whole-time Director and CEO of APSEZ, commented, "Berth No. 13 will diversify our presence at Deendayal Port. We will now handle multipurpose clean cargo at the port, in addition to dry bulk cargo that we already handle. The berth will further consolidate our position on the western coast and enhance our ability to service customers in Gujarat and north India."