Adani Ports handles highest-ever rail cargo of over 120 MMT in FY23

New Delhi: Adani Ports and Special Economic Zone Limited (APSEZ) on Wednesday said it has set a new record by handling the highest-ever rail cargo of 120.51 MMT in the financial year 2022-23, surpassing the previous best of 98.61 MMT.
In a statement, the Adani Group’s flagship company said it has generated around Rs 14,000 crore in revenue from rail cargo for Indian Railways in the fiscal year 2023. APSEZ said that the Mundra Port handled over 15,000 container trains in FY23, “cementing its position as India’s EXIM gateway.”
“APSEZ is committed to providing end-to-end logistics. Under the General Purpose Wagon Investment Scheme (GPWIS) of Indian Railways, cargo handled by rail has grown by 62% YoY,” Adani Ports said in the statement.
Double-stacked container handled by the Mundra Port grew by 4.3 per cent YoY in FY23, the company said.
Adani Ports added, “It demonstrates Mundra Port’s commitment to environmentally friendly operations. The use of rail transport reduces the carbon footprint of freight transport, and the efficient handling of container trains reduces the need for additional truck transport, further reducing carbon emissions.”
In April, the Adani Group firm handled 32.3 MMT of total cargo, registering a growth of 12.8 per cent YoY. This growth was supposed by dry cargo volumes increase of 9 per cent (iron ore 64 per cent, non-coking coal 22 per cent, and coastal coal 67 per cent) and container volume increase of 13.6 per cent, APSEZ had said in a release.

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