Adani Group's flagship Mundra port achieved a remarkable milestone in August, as it recorded its highest-ever monthly cargo volume. During this month, the port efficiently managed a cargo volume of 15.32 million metric tons (MMT). Simultaneously, the port orchestrated the movement of an impressive 1,776 trains, including 1,532 container trains, as reported in an official statement by the company.

The filing proudly announced, "Our flagship port, Mundra, has achieved an unprecedented monthly cargo volume of 15.32 MMT, along with an all-time high count of 1,776 trains, including 1,532 container trains." This accomplishment represents just one of many significant milestones that Mundra Port has marked in terms of cargo volume this year.

In the preceding month of July, Mundra port set a remarkable benchmark by handling over 5,300 twenty-foot equivalent units (TEUs), surpassing the pre-cyclone Biparjoy levels of approximately 4,900 TEUs. The cyclone had previously disrupted port operations, causing unavoidable downtime of approximately six days.

Remarkably, despite the disruptions caused by cyclone Biparjoy, Mundra port managed to achieve an impressive year-on-year growth of 4.4 percent in container handling for the first quarter of FY24. Moreover, the upcoming commissioning of a new berth, T3, in the third quarter of FY23 is expected to further enhance the port's capacity by 0.8 million TEUs.

In May of this year, Adani Group's Adani Ports and Special Economic Zones Ltd (APSEZ) set a record by handling the highest-ever rail cargo, totaling 120.51 MMT for FY2022-23, surpassing the previous record of 98.61 MMT.

APSEZ operates the Mundra port, which stands as the largest container handling port in India. In FY23 alone, it efficiently managed over 6.6 million TEUs, solidifying its position as a vital gateway to the northern and central regions of the country.

Meanwhile, APSEZ reported a notable year-on-year growth of 17 percent in its cargo volumes, reaching 34.2 MMT, driven by substantial increases in container, liquid, and gas cargo volumes, which grew by 27.6 percent, and an impressive 69 percent, respectively.

The company filing also highlighted significant growth in APSEZ's logistics business, which experienced a 24 percent year-on-year increase in TEUs to a total of 231,689 units. Furthermore, under the General Purpose Wagon Investment Scheme (GPWIS) of Indian Railways, the cargo handled under this scheme witnessed a substantial growth of 42 percent, reaching 7.37 MMT.

Adani Group's participation in the General Purpose Wagon Investment Scheme (GPWIS) underscores its commitment to investing in general-purpose rakes for the transportation of restricted commodities such as coal, coke, ore, and minerals in collaboration with Indian Railways.

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