Adani Ports & SEZ

[11][12] The company has attracted controversies for cronyism, alleged stock manipulation and violation of environmental norms.

[15][13] The trains owned by Adani Logistics were used to dispatch 30,000 tonnes of food grains to feed over 60 lakh citizens across the states of Tamil Nadu, Karnataka, West Bengal, and Maharashtra, during the 2020 COVID-19 lockdown.

[18] APSEZ has undertaken mangrove afforestation activities totalling 2885 Ha (as of August 2018[update]) with a survival rate of over 85%.

[19] In August 2017, a Morgan Stanley analysis described APSEZ as "stacking up well compared to its global peers: On operating metrics such as revenue growth, margins, EBIDTA growth, net income growth and return ratios (RoCE/ RoE), and based on bottom-up estimates by Morgan Stanley analysts covering global ports, APSEZ is expected to be in the top quartile across various operating metrics despite the tax holiday for Mundra port coming to an end".

[20] Private equity firm Warburg Pincus acquired a 0.49% stake in Adani Ports for ₹800 crore (US$92 million) on 7 March 2021.

[21] In April 2022, it was announced that APSEZ (through its subsidiary, The Adani Harbour Services Ltd.) had acquired the third-party marine services provider, Ocean Sparkle Ltd.[22] In July 2022, APSEZ alongside the Gadot Group won the privatisation bid for Israel's Port of Haifa for US$1.18 billion.

[25] According to the Business Standard report, In the fiscal year 2023-24, APSEZ managed 420 million metric tonnes (MMT) of cargo, marking a 24% growth.

[26] In March 2024, APSEZ revealed its acquisition of Gopalpur port in Odisha, situated on India's east coast.

The port will feature container terminals and multipurpose berths to handle wide varieties of cargo.

[11][33] APSEZ won a bid with the Kerala government to construct the Vizhinjam International Seaport Thiruvananthapuram in 2015.

[34] While the initial completion date was projected for 2020[35] the construction has experienced multiple delays due to the COVID-19 pandemic and cyclones.

[citation needed] Mundra Port was known for introducing technological advancements that led to a high level of automation to enhance the efficiency of cargo handling.

[47] However, in 2016, APSEZ faced setbacks to further development due to environmental complaints from the Hazira Fishermen Committee.

[50] It features a fully integrated conveyor system for import and export, a coastal circuit for fast cargo transit, and rapid loading silos with 4000 TPH capacity.

[50] Situated between Haldia in West Bengal and Paradip in Odisha, the Port is located 215 km from Bhubaneshwar.

[52] Dahej Port is equipped with India's first high speed elevated triangular gallery overload conveying system for coal transportation which reduces dust pollution.

[52] It accommodates a Ro-Ro Jetty for project cargo movement of 9.8 km long fully integrated high-speed conveyor.

[56] In 2012, the Kandla Port Trust (KPT), longtime operator of Kandla Port (20 km to the northeast of Tuna Tekra) proposed to improve access for larger vessels by authorizing construction of a modern, four-berth, deep draft terminal at Tuna Tekra.

This strategic move aims to enhance Adani Ports' presence along India's east coast.

This acquisition further supports Adani's goal to achieve cargo volume parity between India's eastern and western coasts and bolsters its integrated logistics framework.

[70][71] The committee, which submitted its report on 18 April 2013, found incontrovertible evidence of destruction, blocking of creeks, and non-compliance of other clearance conditions.

[70] On 30 March 2021, the group of activists Justice for Myanmar released a press statement regarding the international activities of Adani Ports & SEZ.

[72] The Australian Broadcasting Corporation corroborated the reporting of Justice for Myanmar including video evidence.

[74][75] In October 2021, APSEZ announced that they would be "exiting the company's investment in Myanmar" after a risk management committee's review.

[78][79] In January 2023, Hindenburg Research published the findings of a two-year investigation claiming that Adani had engaged in market manipulation and accounting malpractices.