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APSEZ has emerged as the highest bidder for developing and operating two dry bulk berths at Paradip Port

ICICIdirect Research 10 Sep 2026 DISCLAIMER

News: APSEZ has emerged as the highest bidder for developing and operating two dry bulk berths at Paradip Port, Odisha, under a 30-year public private partnership (PPP) concession. The project will add 18 MMT of new capacity, taking APSEZ’s domestic portfolio to 671 MMT. The berths will feature mechanised dry bulk cargo handling systems, deep-draft facilities and large-scale storage infrastructure,

View: APSEZ has 140 MMT (24 MMT bulk, 116 multipurpose terminals and ports) operational capacity at East India Ports. The company achieved volumes of 501 MMT in FY26 which it plans to grow to 1000 MMT. Dry cargo (including thermal coal and coking coal) formed 47-48% of total volumes. Securing bearths at Paradip port is a step towards achieving its overall volume target of 1000 MMT by 2030. 

Impact: Positive

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