Adani Ports

Adani Ports

Adani Ports to develop West Container Terminal ( WCT ) in Colombo, Sri Lanka

Adani Ports
Four minute reads :

Adani Group Subsidiary Adani Ports and Special Economic Zones Ltd ( APSEZ ) has bagged the contract to develop and operate West Container Terminal ( WCT ) in Colombo, Sri Lanka.

APSEZ announced on Monday that it will partner with John Keels Holdings PLC and Sri Lankan Port Authority to develop WCT.

WTC will be developed to reach a capacity of 3.5 million TEUs.

  • TEUs : Twenty Foot Equivalent Units

The APSEZ will set up the container terminal on a Build, Operate and Transfer basis for a period of 35 years on a public private partnership basis.

  • APSEZ : Adani Ports and Specific Economic Zone Limited
  • APSEZ will be the first ever Indian port Operator in Sri Lanka.
  • It is India’s largest private multi port Operator.
  • Earlier known as Mundra Port and Specific Economic Zone Limited..

Basic points :

  • Founded : 26 April, 2016
  • Founder : Gautam Adani
  • CEO : Karan Adani
  • Headquarters : India
Adani Ports
Reference : https://en.wikipedia.org/wiki/Adani_Ports_%26_SEZ

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