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Adani Ports & SEZ Ltd (APSEZL), part of the Adani Group, on Wednesday said it will expand its existing terminal Adani International Container Terminal Pvt Ltd (AICTPL) at its flagship Mundra port to make a transhipment hub.
AICTPL is a 50:50 JV with Terminal Investment Ltd, an arm of Swiss-based Mediterranean Shipping Company (MSC), S.A, the second largest shipping liner in the world. The expansion is being carried out to create a transhipment hub for West Asia, South Asia and India, a company spokesperson said here.
Upon completion, AICTPL will emerge as India’s largest container terminal with a total quay length of 1,460 metres and cargo handling capacity of 3.1 million TEUs. It will be equipped with 15 super post Panamax quay cranes, capable of handling 18,000 TEU container vessels at the terminal.
The expansion of AICTPL will position Mundra as a major transhipment hub in the country providing congestion-free and cost effective solution. Construction has already commenced and the terminal will be commissioned in 15 months.
Speaking on the occasion, APSEZ CEO Karan Adani pointed out that with this expansion, Mundra will emerge as a major transhipment hub for West Asia, South Asia and India. It will also make Mundra the largest container port in India with a cumulative capacity of 6.6 million TEUs.
The expansion will also position Mundra as the largest container port in the country with four container terminals having a cumulative handling capacity of 6.6 million TEUs, spread over an area of 146 hectares.
Mundra Port is the largest private commercial port in India.
APSEZ and MSC had set up AICTPL in 2013 with modern technology and environment-friendly footprint.
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