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This Article is From Jun 18, 2023

Adani Says Work Resumes at Mundra Port After Halt for Cyclone

Adani Says Work Resumes at Mundra Port After Halt for Cyclone
Road signage of Mundra Port of Adani Group in Mundra, Gujarat, India, on Wednesday, Feb. 8, 2023. Adani Group has slashed revenue target by half to about 15%-20%, aiming to save cash, repay debt and restore investor confidence, according to people familiar with the matter. Photographer: Dhiraj Singh/Bloomberg

Adani Ports & Special Economic Zone Ltd. said it has resumed operations at its Mundra port in Gujarat on India's western coast after a cyclonic storm passing through the region halted work at the facility for days. 

The first ship has berthed at the Mundra port since it resumed work on Saturday, Karan Adani, chief executive officer of Adani Ports, said in a tweet, adding, “We're up and kicking.”

Ports in India's Gulf of Kutch, an important trade hub, suspended operations on June 12 amid warnings of an “extremely severe” cyclone on the way. The storm, named Biparjoy, made landfall on Thursday, bringing heavy rains to parts of India and Pakistan and forcing authorities to evacuate tens of thousands of people. 

All ports in the gulf were expected to resume normal operations by Saturday, Ashwin Solanki, chief nautical officer at Gujarat Maritime Board said by phone.

On Tuesday: Key Oil And Container Ports Shut as Severe Storm Nears India      

More stories like this are available on bloomberg.com

©2023 Bloomberg L.P.

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