Adani Ports Wins LOA for Two Dry Bulk Berths at Paradip Port
Ahmedabad, 9 September 2026: Adani Ports and Special Economic Zone Limited (APSEZ) has received the Letter of Award (LOA) for the development and operation of two dry bulk berths at Paradip Port, Odisha.
Key Details
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Project: Mechanisation, operation and maintenance of CQ-I and CQ-II berths
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Capacity Addition: 18 Million Metric Tonnes (MMT)
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Concession Period: 30 years on Build, Operate and Transfer (BOT) basis
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Awarding Authority: Paradip Port Authority
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Nature: Domestic competitive bidding
APSEZ emerged as the highest bidder. The Concession Agreement is to be signed within 30 days of the LOA.
Strategic Importance
The project marks APSEZ’s entry into India’s second-largest major port and a key bulk cargo gateway on the eastern seaboard. It complements the company’s existing 140 MMT capacity across Haldia, Dhamra, Gopalpur and Gangavaram ports.
With this addition, APSEZ’s total domestic cargo handling capacity will rise to 671 MMT, moving closer to its target of 1 billion tonnes by 2030.
Mr. Ashwani Gupta, Whole-time Director and CEO, APSEZ, said the Paradip concession strengthens the company’s presence on the East Coast and expands access to the mineral-rich hinterland of eastern and central India.
The company has informed BSE (Scrip Code: 532921) and NSE (Symbol: ADANIPORTS) under Regulation 30 of the SEBI Listing Regulations.