Adani Ports and Special Economic Zone (APSEZ) emerged as the highest bidder for the development and operation of two dry bulk berths at Paradip Port in Odisha on Wednesday, marking its entry into India’s second-largest major port and strengthening its presence along the country’s eastern coast.
The company has received a Letter of Award for the development of the CQ-I and CQ-II berths, which will add 18 million metric tonnes (MMT) of mechanised dry bulk handling capacity to its domestic port network.