Key Contract Details

  • Project: Development and operations of two dry bulk berths (CQ-I & CQ-II Berths) at Paradip Port, Odisha
  • Concession Period: 30 years
  • Award Mechanism: Competitive bidding process
  • Operating Model: Build, Operate and Transfer (BOT) basis
  • Entity Type: Domestic award by Paradip Port Authority
  • Nature: Concession to mechanize, operate and maintain the berths
  • Execution Timeline: Concession Agreement to be signed within 30 days of LOA issuance
  • Contract Value: Not ascertainable as it depends on future cargo volumes
  • Related Party Status: Not applicable - promoter/promoter group/group companies have no interest in the awarding entity

Capacity and Strategic Impact

  • Additional Capacity: 18 Million Metric Tonnes (MMT) of mechanized dry bulk capacity
  • Domestic Portfolio Expansion: Increases from 653 MMT to 671 MMT total capacity
  • Strategic Significance: Entry into India's second-largest major port and key bulk cargo gateway on eastern seaboard
  • Hinterland Access: Enhances access to mineral-rich hinterland of eastern and central India
  • Network Expansion: APSEZ's network grows to 16 ports and terminals across India's coastline

Project Specifications

  • Location: Paradip Port, Odisha
  • Cargo Type: Dry bulk commodities (coal, limestone, etc.)
  • Infrastructure: State-of-the-art mechanized cargo handling systems, deep-draft berths, and large-scale storage infrastructure
  • Industrial Context: Located amid major steel plants in mineral-rich hinterland

Corporate Context

  • Target Alignment: Advances APSEZ's target of reaching 1 billion tonnes of cargo throughput by 2030
  • East Coast Presence: Strengthens APSEZ's presence on East Coast alongside existing 140 MMT capacity across Haldia, Dhamra, Gopalpur and Gangavaram ports
  • Integrated Capabilities: Part of comprehensive "shore-to-door" logistics ecosystem including ports, rail transport, multi-modal logistics parks, warehousing, and road transport

Regulatory and Compliance Details

  • Disclosure Reference: Ref No: APSEZL/SECT/2026-27/72
  • Disclosure Date: September 9, 2026
  • Additional Exchanges Notified: India International Exchange (IFSC) Limited, Singapore Exchange Limited, NSE IFSC Limited

Management Commentary

Mr. Ashwani Gupta, Whole-time Director and CEO, APSEZ stated: "The Paradip concession will strengthen APSEZ's presence on the East Coast and expand our access to one of India's most important industrial and mineral-rich hinterlands. With Paradip, APSEZ's network grows to 16 ports and terminals across India's 11,000-km coastline, strengthening our ability to deliver integrated port, logistics and marine solutions."

Market Context

  • Addresses high utilization across India's East Coast ports amid growing cargo demand
  • Supported by hinterland steel expansions and government push for domestic coal
  • Eases regional capacity bottlenecks to drive industrial growth

Documentation and Availability

The media release and detailed information have been uploaded on the Company's website at www.adaniports.com.

#Tags: #AdaniPorts #ParadipPort #SEBIDisclosure #Regulation30 #PortInfrastructure #Positive