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Adani Ports begins operations at Colombo West International Terminal

Business Standard LogoBusiness Standard7h ago

Adani Ports begins operations at Colombo West International Terminal - Business Standard

Quick Summary:

Together with the Sri Lanka Ports Authority and the Adani Group, we will elevate Colombo’s status as a leading transshipment hub.

Additionally, APSEZ aims to increase its annual overseas volume from under 30 million tonnes per annum (mtpa) currently to 150 mtpa within the next five years, as per Macquarie Equity Research.

Krishan Balendra, chairperson, John Keells Group, said, “This project is one of the John Keells Group’s largest investments and is among the most significant private-sector investments in Sri Lanka.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-07 @ 19:11:31 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 463 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27657011

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 285 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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