The Adani Mundra Cluster will become one of the world’s largest integrated green hydrogen hubs, with a planned capacity of 1 million metric tonnes per annum (MMTPA) of green hydrogen production by 2030, expanding up to 3 MMTPA by 2040.
Adani Ports and Special Economic Zone (APSEZ) on Friday announced its acquisition of an 80 per cent stake in global offshore support vessel operator Astro Offshore for $185 million in an all-cash deal.
Adani Ports and Special Economic Zone Limited (APSEZ) on Monday said it has made it to the honour list of the Institutional Investor Asia Pacific (ex-Japan) Executive Team Survey and in the transportation sector, the Adani Group company is the only Indian firm to feature on the list, at the second rank.
With these approvals, the company will be able to nearly double capacity to 514 million tonnes.
Its arrival draft is 16.3 metres, which can be accommodated only at Adani Ports, Mundra, as no other port in India is capable of berthing a deep-draft vessel.
Adani Ports and Special Economic Zone (APSEZ) on Tuesday announced the elevation of its credit rating to AAA by CARE Ratings.
The company handled its highest ever monthly cargo volumes (including international ports) of over 38 MMT in the month of March alone.
The company has also revised its port cargo throughput by 25 per cent to 500 million tonne by 2025.
An increase in consolidated profit also resulted in a rise in total consolidated income to Rs 4,274.79 during the quarter under review.
The proceeds will be used primarily for refinancing the early redemption of its dollar bonds due in 2022, the agency said. The bonds have a period of 10-year maturity.
