Adani Ports and Special Economic Zone Limited (APSEZ) generated ₹14,000 crore (US$1.7 billion) in revenue from Indian Railways in the financial year 2022-23.
This was an increase of 13% from the previous year. The revenue was generated from the movement of coal, iron ore, and other commodities.
APSEZ has a network of 12 ports and terminals along the east and west coasts of India. It is the largest port operator in India and handles about 25% of the country’s total port traffic. The company has been investing heavily in rail connectivity to its ports. It has built a network of over 1,000 km of railway lines to connect its ports to the national railway network.
This has helped to reduce the cost of transportation and improve the efficiency of its operations. The company is also planning to invest in more rail connectivity in the coming years.
Here are some more details about the revenue generated by Adani Ports from Indian Railways:
•The revenue of ₹14,000 crore (US$1.7 billion) was generated from the movement of coal, iron ore, and other commodities.
•APSEZ has a network of 12 ports and terminals along the east and west coasts of India.
•It is the largest port operator in India and handles about 25% of the country’s total port traffic.
•The company has been investing heavily in rail connectivity to its ports.
•It has built a network of over 1,000 km of railway lines to connect its ports to the national railway network.
•This has helped to reduce the cost of transportation and improve the efficiency of its operations.
•The company is also planning to invest in more rail connectivity in the coming years.