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Adani Ports places ₹450 crore order for eight tugs with Cochin Shipyard

Adani Ports places ₹450 crore order for eight tugs with Cochin Shipyard

Posted on December 27, 2024 By admin


Ahmedabad, May 02 (ANI): Adani Ports and Special Economic Zone reported that its Profit After Tax or net profits during the just-concluded financial year 2023-24 grew by a whopping 50 per cent to Rs 8,104 crore, on Thursday.
| Photo Credit: ANI

Adani Ports and Special Economic Zone Limited (APSEZ) said it has placed an order worth ₹450 crore with the Cochin Shipyard Limited to procure eight harbour tugs. The tugs are expected to be delivered from December 2026 until May 2028.

After SEC charges, Adani shuns U.S. capital; to fund Sri Lanka port project on its own

Ashwani Gupta, whole-time director & CEO of APSEZ said, “By leveraging local manufacturing capabilities, which are world-class, we aim to contribute to the ‘Make in India’ initiative while ensuring that our operations meet international standards of safety and efficiency.”

Published – December 27, 2024 02:33 pm IST



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Business Tags:Adani ports, Adani Ports Cochin Shipyard deal, Adani Ports orders tugs with Cochin Shipyard

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