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Adani Ports to Acquire Australian Terminal in $2.4 Billion Non-Cash Deal

April 18, 2025

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The Daily Guardian

This strategic move is part of APSEZ's global growth plan, aiming to double its cargo volumes to 1 billion tonnes by FY30

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Adani Ports to Acquire Australian Terminal in $2.4 Billion Non-Cash Deal

Adani Ports and SEZ Ltd, India's biggest private port operator, announced on Thursday a USD 2.4 billion non-cash acquisition of a coal export terminal in Australia from a group company to strengthen its presence in the Asia-Pacific region.

The Board of APSEZ "approved the acquisition of Abbot Point Port Holdings Pte Ltd (APPH), Singapore, from Carmichael Rail and Port Singapore Holdings Pte Ltd, Singapore (CRPSHPL)", the company said in a statement.

CRPSHPL is a related party.

APPH owns the entities which own and operate the North Queensland Export Terminal, a dedicated export terminal with a current nameplate capacity of 50 million tonnes per annum (MTPA).

The terminal is located at the Port of Abbot Point, approximately 25 km north of Bowen in North Queensland on Australia's east coast.

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Macron seeks new PM to end France crisis

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India’s manufacturing sector set for strong growth and expansion: FICCI survey

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