"Adani Gangavaram Port Sets New Record in Rake Handling"

Adani Gangavaram Port, renowned as the deepest and most modern port in India, has reached a significant milestone by setting a new record in handling 160 rakes. These rakes, carrying essential cargo for the power industries of Andhra Pradesh and Tamil Nadu, represent the highest number of incoming coal rakes handled by the port over the past month. Notably, the port efficiently loaded 42 wagons of BCN rake in just 3 hours and 30 minutes for Indian Potash Limited (IPL).

The remarkable achievement can be attributed to the port's strategic investments in infrastructure for seamless cargo handling and railway facilities. With a focus on enhancing efficiency, Adani Gangavaram Port aims to continue breaking operational records in the second half of fiscal year 2024, reaffirming its commitment to delivering industry-leading services to its valued customers.

The management of Adani Gangavaram Port Limited expressed their delight at this achievement, emphasizing their dedication to providing top-notch services to customers. They highlighted the substantial economic benefits the port offers to Indian importers, including highly efficient port operations and an evacuation system that ensures faster turnaround times and delivery.

One of the port's notable features is its capability to handle larger vessels efficiently, resulting in substantial cost savings for both port users and the trade. This underscores the port's commitment to providing world-class infrastructure and services to support the growth and efficiency of trade in the region.

EQUITYBULLS