Mundra Port and Special Economic Zone, part of the Adani group, is the developer and operator of Mundra Port in Gujarat. The company was incorporated as Gujarat Adani Port on May 26, 1998 and got its current name on July 7, 2006. The Mundra port is one of the leading non-captive private sector ports in India based on volume of cargo during fiscal 2007. Located in the Kutch district of Gujarat, the company is engaged in providing port services for bulk cargo, container cargo, crude oil cargo, and value-added port services including railway services. It has exclusive right to develop and operate Mundra port and related facilities until February 2031. The company is to develop a multi-product SEZ in Mundra and the surrounding areas on approximately 6,568 acres of land. In addition, the company also generates income from land-related and infrastructure activities. The company has a long-term agreement with IOCL to handle crude oil. It constructed the Mundra-Adipur railway which transports bulk and container cargo from the Mundra port to inland cargo centers via the Indian railway network. Till June 30, 2007, Mundra Port has handled approximately 62.6 million tons of cargo comprising of approximately 42.2 million tons of bulk cargo, 5.6 million tons of crude oil cargo and 14.8 million tons of container cargo. In 2006, the company was awarded the title of Best Port Authority in the Middle East and Indian Subcontinent by Lloyd`s List. The company has customers like the Container Sub-concessionaire, IOCL, Indian Railways, Indian Farmers Fertilisers Cooperative, Food Corporation of India and some of the Adani Group companies such as Adani Enterprises and Adani Wilmar. The registered and corporate office is at Adani House, Near Mithakhali Six Roads, Navrangpura, Ahmedabad-380009.
Note : Mundra Port and Special Economic Zone Ltd has informed BSE that Board of Directors has approved change of name of the Company from ''Mundra Port and Special Economic Zone Limited'' to ''Adani Port and Special Economic Zone Limited'' or any other name as may be approved by the Registrar of Companies, Gujarat and subject to the approval of Shareholders.
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