Adani Ports information highest-ever rail cargo of over 120 mmt in FY23

• APSEZ witnessed a 62% YoY development in rail cargo by means of the Indian Railways’ Common Goal Wagon Funding Scheme.
• Mundra Port, working beneath APSEZ, has managed over 15,000 container trains in FY23.
• Mundra Port witnessed a 4.3% year-on-year development in double-stack container trains in FY23.

Adani Ports and Particular Financial Zone (APSEZ), the flagship firm of Adani Group, dealt with the best ever rail cargo of 120.51 million metric tonnes (MMT) in FY23. It had dealt with a quantity of 98.61 MMT in FY22.

APSEZ witnessed a 62% YoY development in rail cargo by means of the Indian Railways’ Common Goal Wagon Funding Scheme (GPWIS). Mundra Port managed over 15,000 container trains in FY23.

In FY23, APSEZ generated a powerful income of roughly ₹14,000 crore from rail cargo operations in collaboration with Indian Railways.

Mundra Port witnessed a 4.3% year-on-year development in double-stack container trains in FY23. The utilization of the double stack loading method for containers on trains ensures power effectivity and reliability in transportation, resulting in decreased per unit price and enhanced buyer satisfaction, the corporate mentioned.

The corporate mentioned that Mundra Port’s utilization of rail transport considerably reduces the carbon footprint related to freight transportation. Furthermore, the environment friendly dealing with of container trains minimizes the reliance on extra truck transport, resulting in additional reductions in carbon emissions.

APSEZ, a subsidiary of Adani Group, has remodeled from a port firm into an Built-in Transport Utility, providing end-to-end options from its port gate to the shopper gate.

It holds the excellence of being India’s largest port developer and operator, with six strategically positioned ports and terminals on the west coast (Mundra, Dahej, Tuna, and Hazira in Gujarat, Mormugao in Goa, and Dighi in Maharashtra). It additionally has 5 ports and terminals on the east coast of India (Dhamra in Odisha, Gangavaram, and Krishnapatnam in Andhra Pradesh, and Ennore, Karaikal, and Kattupalli in Tamil Nadu).

These ports and terminals account for twenty-four% of the nation’s whole port volumes, enabling the dealing with of serious quantities of cargo from coastal areas and the hinterland.