Adani Ports and Special Economic Zone Ltd receives LOI for Berth No.13 at Deendayal Port

Adani Ports and Special Economic Zone Limited has received a LOI for development, operation and maintenance of Berth No. 13 at Deendayal Port. The Company has been awarded this LOI for a 30-year concession period through a competitive bidding process. The Company will operate the berth under DBFOT (Design, Build, Finance, Operate and Transfer) basis for multipurpose clean cargo, including container cargo. Berth No. 13 is 300m long and offers 5.7 MMT capacity annually. The berth is likely to be commissioned during FY2026-27.

The Concession Agreement is to be signed within 30 days of issuance of LOI by DPA.

Shares of Adani Ports and Special Economic Zone Limited was last trading in BSE at Rs. 1477.90 as compared to the previous close of Rs. 1475.70. The total number of shares traded during the day was 183652 in over 9246 trades.

The stock hit an intraday high of Rs. 1503.50 and intraday low of 1475.50. The net turnover during the day was Rs. 272952627.00.

Source : Equity Bulls

Keywords

AdaniPortsandSpecialEconomicZone INE742F01042 LOI Berth13 DeendayalPort