Adani to build Silo Complexes across the country secures LoA from FCI

Based on the LoA, AALL will develop and operate state-of-the-art silo complexes at four locations – Kanpur, Gonda and Sandila in Uttar Pradesh and Katihar in Bihar, in line with the Government of India’s objective of modernizing India’s storage infrastructure, creating a total silo storage capacity of 3.5 lakh MT.

Silo complexes, which are mechanized and automated units equipped with temperature and humidity controls, are built to handle, store and preserve food grains. The handling process, from procurement to transportation, is in bulk form catered through containerized movement.

AALL’s project will benefit farmers across the states of Uttar Pradesh and Bihar besides supporting general consumers and PDS (Public Distribution System) beneficiaries. Currently, farmers are forced to deal with a waiting period of two to three days while their agricultural produce makes its way through the traditional farm–to–mandi procurement chain. With the implementation of this project, the processing time will be cut down to merely one to two hours. This will significantly improve procurement efficiency.

Additionally, this project will benefit general consumers and beneficiaries of the PDS (Public Distribution System), besides generating substantial savings on labour costs, gunny bags and transportation.

The project, to be executed under the Design, Build, Finance, Operate and Transfer (DBFOT) mode, will include Hub Silo Complexes, which are silo complexes with container depots, and Spoke Silo Complexes, which are silo complexes without container depots.

With the addition of 3.50 lakh MT storage capacity, AALL will now have a total of 15.25 lakh MT of silo storage capacity across 24 locations in India.

About Adani Ports and Special Economic Zone Ltd

Adani Ports and Special Economic Zone Ltd (APSEZ), a part of the globally diversified Adani Group has evolved from a port company to an Integrated Transport Utility providing an end-to-end solution from its port gate to customer gate. It is the largest port developer and operator in India with 6 strategically located ports and terminals on the west coast (Mundra, Dahej, Tuna and Hazira in Gujarat, Mormugao in Goa and Dighi in Maharashtra) and 6 ports and terminals on the East coast of India (Dhamra in Odisha, Gangavaram, Visakhapatnam and Krishnapatnam in Andhra Pradesh, and Kattupalli and Ennore in Tamilnadu) representing 24% of the country’s total port capacity, thus providing capabilities to handle vast amounts of cargo from both coastal areas and the hinterland. The company is also developing two transshipment ports at Vizhinjam, Kerala and Colombo, Sri Lanka.

The Ports to Logistics Platform comprising port facilities, integrated logistics capabilities including multimodal logistics parks, Grade A warehouses, and industrial economic zones, puts us in an advantageous position as India stands to benefit from an impending overhaul in global supply chains. Our vision is to be the largest ports and logistics platform in the world in the next decade. With a vision to turn carbon neutral by 2025, APSEZ was the first Indian  port and third in the world to sign up for the Science-Based Targets Initiative (SBTi) committing to emission reduction targets to control global warming at 1.5°C above pre-industrial levels.