Mundra Port And Special Economic Zone Limited (MPSEZL) Is An India Based Company

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The company has set a target of 200 million tonne(mt) of cargo handling capacity per year by 2020. However, sources said, the group is likely to achieve the target earlier. Currently, Centre-controlled Kandla Port, near Mundra in Kutch district, is the country’s top port that handled 80 mt of cargo in 2009-10. Among other plans, the port and SEZ company would concentrate on development of Mormugao, Dahej and Hazira ports.While major ports put together have shown a growth of 2%, Mundra port has shown a steep rise of 28% in cargo. Container business for the quarter too showed a growth of 28% compared with 17% in all other ports put together.

MPSEZ reported a net profit of Rs 211 crore for the quarter-ended June 30 compared with Rs 171 crore during the corresponding quarter last fiscal. Its total income increased to Rs 416 crore for the quarter compared with Rs 321 crore in the corresponding quarter last year, recording a growth of 30%.Meanwhile, “The company has handled the highest volume of cargo in a quarter and reached a level of 12.6 mt, a growth of 28%, besides maintaining its position of being the eighth-largest port in India, marginally below Mormugao port at 12.8 mt,” MPSEZ CFO B Ravi said.

MPSEZ has been selected as preferred proponent for the development of new coal export terminal at Dudgeon Point, along with another bidder. During the quarter, the company started doubling the Mundra-Adipur railway line and also started the first private railway-over-bridge inside a private port in Mundra. The first vessel MV Regine arrived at Adani Petronet (Dahej) Port. It has also commenced the fertiliser cargo complex with a total capacity of rake loading up to 10 rakes a day.Mundra Port, the most advanced customer specialist port, is the only port in the country which offers state-of-the-art port services, including stevedoring, storage and cargo transfer (mechanized cargo handling), etc. under one umbrella. Mundra is the largest private port in India, capable of handling more than 100 million tonnes of bulk, liquid or containerized cargo. Mundra Port is situated almost 10 Kms far from Mundra city.

Mundra port is ideally located to access the Asian, European, American, South American and African Markets. Moreover, Mundra has an attractive and large hinterland spread over Western, Northern and North Eastern India covering 70% of India`s GDP. Mundra Port is 435 kms closer to Delhi than JNPT Mumbai Port. Since the advent of the Port, the area has attracted numerous large industries and is all set to become a high-productivity industrial belt. The Port has a privately developed 64 km rail line which is connected to the nearest railhead at Adipur. The Bhuj airport and Kandla airstrip are a short drive away. The port has its own 1900 meters aerodrome equipped with latest navigational instruments for landing of private executive jets. Mundra Port is a comprehensive Service Provider with state-of-the-art facilities.

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