COMPANY OVERVIEW Adani Ports and Special Economic Zone Ltd
Adani Ports and Special Economic Zone Ltd is promoted by Adani Group. Mundra Port, Indias largest private port, provides cargo handling and other value-added port services. The port offers a number of locational and logistical advantages.The company offers following facilities:Dry Cargo Handling & StorageThe Mundra Port has state-of-the-art facilities for the handling and warehousing of dry cargo.
Company History - Adani Ports and Special Economic Zone
We were incorporated as Gujarat Adani Port Limited on May 26, 1998,
and commenced phased operations at Mundra Port in October 1998 with
commercial operations beginning in October 2001. We were initially
promoted by Adani Port Limited and Gujarat Port
Infrastructure Development Company Limited, an undertaking of the
Government of Gujarat.
We entered into a Concession Agreement with the GMB and the
Government of Gujarat on
February 17, 2001 pursuant to which we have been granted the right
to develop and operate Mundra Port located at the Navinal Island in
the Kutch region for a period of 30 years.
Pursuant to an order of the High Court of Gujarat, Adani Port
Limited merged with us with effect from April 1, 2003. Further, MSEZ
and ACL were merged with us with effect from April 1, 2006.
We received approval as a developer of a multi-product SEZ at Mundra
and the surrounding areas from the Government of India on April 12,
2006. We have already received notification from the Government of
India with respect to land covering 2,406.8 hectares (approximately
5,947 acres) on June 23, 2006. On July 3, 2007, we received a
subsequent notification with
respect to an additional 251.4 hectares of land, resulting in a total
of 2,658.2 hectares (approximately 6,568 acres). Such notification is
granted only once land is in the possession of a developer, and as we
further acquire land in and around Mundra, we will look to receive
additional notifications in relation to such further acquired land.
In order to reflect the significance of the SEZ status and the
changing nature of our business, we changed our name from Gujarat
Adani Port Limited to Mundra Port and Special Economic Zone Limited
with effect from July 7, 2006.
Key Events and Milestones
Year Month Key Events and Milestones
1994 January Approval from GMB to set up captive jetty
1998 October Berths 1 and 2 become operational
1999 October Berths 3 and 4 become operational
2001 February Concession Agreement signed with GMB
2001 October All 4 berths and mechanisation become fully
operational. Trial rail
operationscommenced
2002 May Agreements signed with GGSRL to set up SPM
2002 October Agreements signed with IOC to set up SPM
2002 November Railway agreements signed
2003 January Sub-concession agreement signed with MICT for
the container terminal
2003 July Container terminal becomes operational
2004 April Shareholders agreement with Kutch Railway
Company Limited
2005 June Merger of Adani Port Limited (with effect from
April 1, 2003) with us
2005 December SPM becomes operational
2006 April Notification as a SEZ
2006 May Additional 10 bulk berths operational
2006 June Double stack train operations
2006 April Merger of MSEZ and ACL with us
2007 March Operation started at Terminal II
2007 August Operation started at Container Terminal II
2009
- Maruti Suzuki’s A-star sails to Europe from Mundra Port.
- ADANI Auto Terminal Commences Terminal Operation.
2010
- A four lane 1.5 Km. long dedicated RoB constructed at a cost of
Rs.50 crore.This is the first private four lane RoB within port area
in India capable of withstanding a load of 100 MT to smoothen and
speed up cargo movement
-Largest Container vessel handled at Mundra for the first time in
India (LOA 332 Mtr berthed at Container Terminal on the 11th of
Oct’10 with an arrival draft of 14.52 m.)
-Commissioning of the mini ship yard - First of its kind Mini
Shipyard using balloon technology. This has been designed and
operationalised at Mundra primarily to cater to tugs, dredgers and
Offshore Supply boats upto 100 mtrs in length.
-Operationalised the world’s largest automated import Coal Terminal
having 60 MnT capacity
-Company has splits its Face value of Shares from Rs 10 to Rs 2
2011
-Mundra Port and SEZ crosses a record 50 MT Cargo handling - mark in
2010-11
- Mundra Port manages and operates the biggest private port in India
has scored yet another first in the annals of Indian port business.
- Completion of Acquisition of Abbot Point X 50 Coal Terminal (APCT)
- Mundra Port handles record fertiliser cargo of about 1 million
tonnes in November.
2012
- Change of name of the Company from 'Mundra Port and Special
Economic Zone Ltd. to Adani Ports and Special Economic Zone Ltd.
- Dahej Port Commissions 2nd Jetty in South Gujarat.
- Adani Port signs MoU with US-based Port of Baltimore to increase
bilateral trade
- Adani Port and Special Economic Zone bags Rs 1,200 cr bulk terminal
project at Kandla.
2013
-Adani Ports & SEZ and MSC Mediterranean Shipping form JV to operate
a new container terminal in Mundra
-Adani Ports signs MOU with Belgian Port of Zeebrugge
-APSEZ begins liquid cargo handling at Hazira
-Adani Ports & SEZ and MSC Mediterranean Shipping form JV to operate
a new container terminal in Mundra
-Adani Ports & Speci - Mundra Port sets a new record in coal handling
in India
2014
-Adani Ports Acquires Dhamra Port
-Adani Ports & SEZ gets Environmental, CRZ nod for Mundra SEZ
2015
-Adani Ports and Special Economic Zone Ltd - Adani Group announced
Scheme of Arrangement
-Adani Ports and Special Economic Zone Ltd, has commissioned a bulk
terminal at Tuna Tekra, Kandla Port
-Adani Ports & Special Economic Zone Ltd ppdates on Composite Scheme
of Arrangement
-Adani Ports and Special Economic Zone Ltd has receives ‘Letter of
Award’ for Vizhinjam Port Project in Kerala
-India Ratings and Research (Ind-Ra) has assigned Adani Ports and
Special Economic Zone (APSEZL) a rating of IND A1+
-Adani Ports & Special Economic Zone and Larsen & Turbo (L&T) have
signed a pact to oversee operations of Kattupalli Port in Tamil Nadu
2016
-Adani Ports & Terminal Investment to jointly develop a major
transhipment hub at Mundra.
-APSEZ enhances its operational foothold- Signs agreement to acquire
a company conducting ports operations.
-Adani Ports & Special Economic Zone Ltd Share Purchase Agreement for
acquisition of TM Harbour Services Private Limited.
2017
-Adani Ports & Special Economic Zone Ltd has raised USD 500 million
(over Rs 3,400 crore) by issuing foreign currency denominated bonds
for funding SEZ project.
-Adani Ports and Special Economic Zone has raised Rs 1,000 crore
through allotment of non-convertible debentures on private placement
basis.
-Adani Ports and Special Economic Zone (APSEZ) has signed a joint
venture pact with French shipping giant CMA CGM to operate a new
container terminal at Mundra Port for next 15 years.
-Adani Ports and Special Economic Zone Ltd. has incorporated a
wholly owned subsidiary company Adani International Terminals Pte.
Ltd on June 30, 2017.
-Adani Ports and Special Economic Zone has raised Rs 1600 crore by
allotment of rated, listed, secured, redeemable, non-convertible
debentures (NCDs) on private placement basis.
Adani Ports and Special Economic Zone Ltd is promoted by Adani Group. Mundra Port, Indias largest private port, provides cargo handling and other value-added port services. The port offers a number of locational and logistical advantages.The company offers following facilities:Dry Cargo Handling & StorageThe Mundra Port has state-of-the-art facilities for the handling and warehousing of dry cargo.
One to One Share Market Training - 9841986753
One to One Share Market Training
One to One Share Market Training
Get Appointment - Whatsapp : 9094047040
Group Share Market Training
Get Appointment - Whatsapp - 9841986753Company History - Adani Ports and Special Economic Zone
We were incorporated as Gujarat Adani Port Limited on May 26, 1998,
and commenced phased operations at Mundra Port in October 1998 with
commercial operations beginning in October 2001. We were initially
promoted by Adani Port Limited and Gujarat Port
Infrastructure Development Company Limited, an undertaking of the
Government of Gujarat.
We entered into a Concession Agreement with the GMB and the
Government of Gujarat on
February 17, 2001 pursuant to which we have been granted the right
to develop and operate Mundra Port located at the Navinal Island in
the Kutch region for a period of 30 years.
Pursuant to an order of the High Court of Gujarat, Adani Port
Limited merged with us with effect from April 1, 2003. Further, MSEZ
and ACL were merged with us with effect from April 1, 2006.
We received approval as a developer of a multi-product SEZ at Mundra
and the surrounding areas from the Government of India on April 12,
2006. We have already received notification from the Government of
India with respect to land covering 2,406.8 hectares (approximately
5,947 acres) on June 23, 2006. On July 3, 2007, we received a
subsequent notification with
respect to an additional 251.4 hectares of land, resulting in a total
of 2,658.2 hectares (approximately 6,568 acres). Such notification is
granted only once land is in the possession of a developer, and as we
further acquire land in and around Mundra, we will look to receive
additional notifications in relation to such further acquired land.
In order to reflect the significance of the SEZ status and the
changing nature of our business, we changed our name from Gujarat
Adani Port Limited to Mundra Port and Special Economic Zone Limited
with effect from July 7, 2006.
Key Events and Milestones
Year Month Key Events and Milestones
1994 January Approval from GMB to set up captive jetty
1998 October Berths 1 and 2 become operational
1999 October Berths 3 and 4 become operational
2001 February Concession Agreement signed with GMB
2001 October All 4 berths and mechanisation become fully
operational. Trial rail
operationscommenced
2002 May Agreements signed with GGSRL to set up SPM
2002 October Agreements signed with IOC to set up SPM
2002 November Railway agreements signed
2003 January Sub-concession agreement signed with MICT for
the container terminal
2003 July Container terminal becomes operational
2004 April Shareholders agreement with Kutch Railway
Company Limited
2005 June Merger of Adani Port Limited (with effect from
April 1, 2003) with us
2005 December SPM becomes operational
2006 April Notification as a SEZ
2006 May Additional 10 bulk berths operational
2006 June Double stack train operations
2006 April Merger of MSEZ and ACL with us
2007 March Operation started at Terminal II
2007 August Operation started at Container Terminal II
2009
- Maruti Suzuki’s A-star sails to Europe from Mundra Port.
- ADANI Auto Terminal Commences Terminal Operation.
2010
- A four lane 1.5 Km. long dedicated RoB constructed at a cost of
Rs.50 crore.This is the first private four lane RoB within port area
in India capable of withstanding a load of 100 MT to smoothen and
speed up cargo movement
-Largest Container vessel handled at Mundra for the first time in
India (LOA 332 Mtr berthed at Container Terminal on the 11th of
Oct’10 with an arrival draft of 14.52 m.)
-Commissioning of the mini ship yard - First of its kind Mini
Shipyard using balloon technology. This has been designed and
operationalised at Mundra primarily to cater to tugs, dredgers and
Offshore Supply boats upto 100 mtrs in length.
-Operationalised the world’s largest automated import Coal Terminal
having 60 MnT capacity
-Company has splits its Face value of Shares from Rs 10 to Rs 2
2011
-Mundra Port and SEZ crosses a record 50 MT Cargo handling - mark in
2010-11
- Mundra Port manages and operates the biggest private port in India
has scored yet another first in the annals of Indian port business.
- Completion of Acquisition of Abbot Point X 50 Coal Terminal (APCT)
- Mundra Port handles record fertiliser cargo of about 1 million
tonnes in November.
2012
- Change of name of the Company from 'Mundra Port and Special
Economic Zone Ltd. to Adani Ports and Special Economic Zone Ltd.
- Dahej Port Commissions 2nd Jetty in South Gujarat.
- Adani Port signs MoU with US-based Port of Baltimore to increase
bilateral trade
- Adani Port and Special Economic Zone bags Rs 1,200 cr bulk terminal
project at Kandla.
2013
-Adani Ports & SEZ and MSC Mediterranean Shipping form JV to operate
a new container terminal in Mundra
-Adani Ports signs MOU with Belgian Port of Zeebrugge
-APSEZ begins liquid cargo handling at Hazira
-Adani Ports & SEZ and MSC Mediterranean Shipping form JV to operate
a new container terminal in Mundra
-Adani Ports & Speci - Mundra Port sets a new record in coal handling
in India
2014
-Adani Ports Acquires Dhamra Port
-Adani Ports & SEZ gets Environmental, CRZ nod for Mundra SEZ
2015
-Adani Ports and Special Economic Zone Ltd - Adani Group announced
Scheme of Arrangement
-Adani Ports and Special Economic Zone Ltd, has commissioned a bulk
terminal at Tuna Tekra, Kandla Port
-Adani Ports & Special Economic Zone Ltd ppdates on Composite Scheme
of Arrangement
-Adani Ports and Special Economic Zone Ltd has receives ‘Letter of
Award’ for Vizhinjam Port Project in Kerala
-India Ratings and Research (Ind-Ra) has assigned Adani Ports and
Special Economic Zone (APSEZL) a rating of IND A1+
-Adani Ports & Special Economic Zone and Larsen & Turbo (L&T) have
signed a pact to oversee operations of Kattupalli Port in Tamil Nadu
2016
-Adani Ports & Terminal Investment to jointly develop a major
transhipment hub at Mundra.
-APSEZ enhances its operational foothold- Signs agreement to acquire
a company conducting ports operations.
-Adani Ports & Special Economic Zone Ltd Share Purchase Agreement for
acquisition of TM Harbour Services Private Limited.
2017
-Adani Ports & Special Economic Zone Ltd has raised USD 500 million
(over Rs 3,400 crore) by issuing foreign currency denominated bonds
for funding SEZ project.
-Adani Ports and Special Economic Zone has raised Rs 1,000 crore
through allotment of non-convertible debentures on private placement
basis.
-Adani Ports and Special Economic Zone (APSEZ) has signed a joint
venture pact with French shipping giant CMA CGM to operate a new
container terminal at Mundra Port for next 15 years.
-Adani Ports and Special Economic Zone Ltd. has incorporated a
wholly owned subsidiary company Adani International Terminals Pte.
Ltd on June 30, 2017.
-Adani Ports and Special Economic Zone has raised Rs 1600 crore by
allotment of rated, listed, secured, redeemable, non-convertible
debentures (NCDs) on private placement basis.
