Adani Ports & SEZ completes Vizag terminal 8 months ahead of schedule

Adani Ports & Special Economic Zone (APSEZ), India’s largest port developer and part of Adani Group, a global integrated player, has completed the Rs 400 crore steam coal import terminal at Visakhapatnam port, eight months ahead of schedule marking an entry on the east coast of India.

The Adani Vizag Coal Terminal, a subsidiary of APSEZ, had entered into a concession agreement with Vishakhapatnam Port Trust to set up a steam coal handling facility project with a capacity of 6.4 million tonnes a year in March 2011 with a completion deadline of August 2014.

APSEZ also operates ports in Mundra, Hazira and Dahej, in Gujarat and is setting up coal handling facilities in Mormugao in Goa and at Kandla in Gujarat.