Adani Ports is forging ahead with ambitious plans to transform Gangavaram Port into a global iron ore powerhouse through a new trilateral partnership. Joining forces with India’s NMDC and Brazil’s Vale, the consortium signed an MoU to develop an SEZ-centric ecosystem focused on iron ore blending and advanced processing.
This high-profile agreement emerged from the India-Brazil Business Forum, timed perfectly with President Lula’s state visit. The presence of Minister Piyush Goyal symbolized the robust economic corridor opening between the two BRICS powerhouses.
Ashwini Gupta, APSEZ’s CEO, emphasized the strategic vision: ‘This alliance reflects our shared dedication to future-proof infrastructure that elevates India’s role in worldwide supply chains. Linking premium minerals with state-of-the-art port tech will drive industrial needs and national prosperity.’
The project entails creating a comprehensive facility at Gangavaram for blending, value enhancement, and market commercialization of iron ore. It targets fortifying the east coast’s export chain, boosting operational efficiencies, scalability, and international edge in minerals handling.
With capacity expansion to 75 MMT, Gangavaram is set to dominate regional iron ore exports. The collaboration promises a sustainable, high-tech ecosystem tailored for east coast demands.
Breaking new ground, the port will accommodate massive Valemax ships, the behemoths of ore carriers at 400,000 DWT. Advanced mechanized systems for berthing, handling, yard ops, blending, and rapid cargo transfer will revolutionize efficiency, making Gangavaram a logistics marvel.