Brief by Shorts91 Newsdesk / 01:50pm on 10 Jun 2024,Monday Business
Adani Ports and Special Economic Zone (APSEZ) has secured a 5-year contract for the operation and maintenance of the container terminal at Kolkata’s Netaji Subhas Dock. Awarded through a competitive bidding process, APSEZ will deploy cargo handling equipment within seven months. The terminal, handling 6.3 lakh TEUs in FY24, serves a wide region including West Bengal and the Northeast. The contract enhances Adani Ports’ strategic synergies with ports in Colombo and Vizhinjam, bolstering its presence on both coasts of India. CEO Ashwani Gupta emphasized the company’s commitment to expanding port infrastructure in West Bengal.
