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Tag Archives: transport

Adani Ports Plans to Raise ₹6,000 Crore for Debt and Capital Expenditures through NCDs.

Adani Ports Plans to Raise ₹6,000 Crore for Debt and Capital Expenditures through NCDs.

Adani Ports and Special Economic Zone (APSEZ), the biggest private port operator in India, plans to issue non-convertible debentures (NCDs) to raise ₹6,000 crore. At its meeting on Thursday, May 22, the company’s board of directors approved the issuing of NCDs in principle. The money raised by the proposed NCDs will be utilized to support […]

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By 2028, the Vizhinjam Port will have doubled its workforce.

By 2028, the Vizhinjam Port will have doubled its workforce.

Kerala’s Vizhinjam International Seaport is expected to quadruple its workforce in the next three years as building moves forward, indicating significant growth. By adding two more berths and extending the breakwater, the extension greatly increases the port’s capacity to handle goods. The port plans to handle over five million containers a year by 2028, which […]

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