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Adani Ports, NMDC, Vale Brazil Forge Iron Ore SEZ Pact at Gangavaram

Adani Ports, through its subsidiary, has signed a strategic MoU with NMDC Limited and Vale Brazil to develop an integrated iron ore blending and value-addition ecosystem within a dedicated Special Economic Zone at Gangavaram Port. The agreement was formalized during the India-Brazil Business Forum Summit, coinciding with the official visit of Brazil's President. The collaboration aims to establish Gangavaram as a hub capable of handling Valemax vessels, the world's largest ore carriers, increasing the port's capacity to 75 million metric tonnes. This initiative is designed to strengthen the iron ore export value chain on India's east coast and enhance global competitiveness.

Key Points: Adani Ports, NMDC, Vale to Develop Iron Ore SEZ at Gangavaram

  • Strategic MoU for iron ore SEZ
  • Signed during Brazil President's visit
  • To handle world's largest Valemax vessels
  • Port capacity to rise to 75 MMT
2 min read

Adani Ports joins NMDC and Vale Brazil to develop SEZ-based ecosystem for iron ore

Adani Ports partners with NMDC & Vale Brazil to build an integrated iron ore blending SEZ at Gangavaram Port, boosting India's export capacity.

"This collaboration reflects a shared commitment to building resilient, future-ready infrastructure - Ashwani Gupta, APSEZ"

Ahmedabad, Feb 21

Adani Ports and Special Economic Zone, through its subsidiary Adani Gangavaram Port Limited, has signed a strategic memorandum of understanding with government-run NMDC Limited and Vale Brazil, it was announced here on Saturday.

The MoU, signed at the India-Brazil Business Forum Summit, establishes a strategic framework for the development of an iron ore blending facility and a dedicated Special Economic Zone (SEZ) at Gangavaram Port.

The agreement was signed during the official visit of Brazil's President Luiz Inacio Lula da Silva and in the presence of Commerce and Industry Minister Piyush Goyal, underscoring the deepening India-Brazil strategic partnership.

"This collaboration reflects a shared commitment to building resilient, future-ready infrastructure that strengthens India's position in global supply chains," said Ashwani Gupta, Whole-time Director and CEO, APSEZ.

By integrating high-quality mineral logistics with advanced port capabilities, "we are supporting industry requirements while contributing to the country's broader economic growth," he added.

Under this collaboration, the parties will jointly develop, operationalise, and manage an integrated SEZ-based ecosystem for the blending, value addition, and commercialisation of iron ore.

This initiative is designed to strengthen the iron ore export value chain on India's east coast while enhancing efficiency, scale, and global competitiveness in mineral processing and trade.

With this development, the capacity of Gangavaram Port will increase up to 75 MMT, and it will become a hub for iron ore exports for India and the region.

"Our partnership with NMDC and Vale will help establish a modern, efficient, and sustainable ecosystem for the iron ore sector on the East Coast. Gangavaram Port is poised to become the first port in India capable of handling Valemax vessels - the world's largest Very Large Ore Carriers (VLOCs)," said Gupta.

The collaboration will involve development of an integrated iron ore blending and value-addition ecosystem within a dedicated SEZ at Gangavaram Port; establishment of fully mechanised berthing and cargo‑handling facilities capable of accommodating Valemax vessels with a carrying capacity of up to 400,000 MMT; and end-to-end yard management, blending operations, and vessel discharge and loading to enhance supply chain efficiency.

- IANS

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Reader Comments

P
Priya S
Great to see India-Brazil ties strengthening! Lula's visit seems to be yielding concrete results. This kind of partnership is exactly what we need to build resilient supply chains and reduce dependency on any single country.
R
Rohit P
Adani group is on a roll with port infrastructure. While the scale is impressive, I hope the environmental impact assessments for the SEZ and port expansion are thorough and transparent. Development must be sustainable.
M
Michael C
As someone in logistics, the efficiency gains from handling 400,000 MMT carriers are enormous. This will significantly reduce the cost per ton for iron ore exports. A smart move for global competitiveness.
S
Shreya B
Value addition within India is key! Instead of just exporting raw ore, blending and processing here will create more value and skilled jobs. Hope NMDC ensures fair pricing and benefits for the domestic steel industry too.
K
Karthik V
East coast development has been lagging behind the west coast for ports. This is a welcome shift. Gangavaram becoming a hub can boost the entire regional economy. Fingers crossed for timely execution!

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