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Adani Krishnapatnam Port Limited (AKPL) Denies Reports of Closing Container Operations

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Reference the recent media reports mentioning Adani Krishnapatnam Port Limited (AKPL) closing the container operations and shifting the same to Katupalli Port, the management of Adani Krishnapatnam Port Limited would like to state that all these statements are baseless and false.
APSEZ has witnessed tremendous growth over the last few years. Following the same trajectory Adani Krishnapatnam Port Limited (AKPL) has also been on a growth path and its business is increasing on a regular basis.

Contrary to the media reports we would like to highlight that we are continuing our container operations in Krishnapatnam port and will further strengthen it in the coming years. Krishnapatnam is an important port for us and we are continuously focusing on building and strengthening its operations YOY. The infrastructure like berths, yard and equipment remains as it is. The terminal can handle any container vessel that calls upon Krishnapatnam Port

We at Adani are an employee driven company and there has been no job loss and all employees are taken care of. We have always focused on the welfare of our employees and stakeholders and will strive harder for the betterment of our employees.
As a part of PPP model we are paying revenue share to the govt. of Andhra Pradesh regularly. The revenue of the State Government is increasing in view of growth in cargo volume every year,
We would like to state that Adani Krishnapatnam Port is committed for the development and growth of Andhra Pradesh and have always supported its overall growth.

Located on the East Coast of India, Krishnapatnam Port is an all-weather world class deep water port of International standards which is capable of handling Cape Size vessels round the clock throughout the year. The port caters to land locked hinterland of South India with multimodal connectivity. Seamless connectivity by road and rail with very close proximity to National Highway 16 and National Rail Network (Chennai – Kolkata Main Line).Krishnapatnam Port has got State of Art Infrastructure, Mechanized Handling Systems and dedicated storage yards which provides clean and contamination free handling facilities for bulk and break bulk cargo
Source: Krishnapatnam Port

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