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The West Container Terminal of Sri Lanka Port To Be Operational By The First Quarter of 2025

The Adani-JKH terminal at the Colombo port in Sri Lanka is expected to be operational from quarter one of 2025. During the first phase of operations, this terminal is expected to add 1.5 million TEUs to the capacity of the Colombo port.

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The West Container Terminal of Sri Lanka Port To Be Operational By The First Quarter of 2025

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  1. The West Container Terminal of Sri Lanka Port To Be Operational By The First Quarter of 2025

  2. The Adani-JKH terminal at the Colombo port in Sri Lanka is expected to be operational from quarter one of 2025. During the first phase of operations, this terminal is expected to add 1.5 million TEUs to the capacity of the Colombo port. In the subsequent phases, the capacity will increase further. This will allow the Adani Group to build an incredible reputation in the global port sector. The controversies of Adani Stock Manipulation will also subside.

  3. The Operationalisation of the West Container Terminal of The Sri Lanka Port • The West Container Terminal of Sri Lanka’s Colombo port which is also known as the Adani-JKH terminal is all set to start operations from the first quarter of the calendar year 2025. This terminal has been jointly developed by Adani Ports and Special Economic Zones and Sri Lanka’s largest private conglomerate, John Keells Holding PLC. This terminal has allowed the Adani Group to enhance its control over the global port sector; it has also positioned Sri Lanka in a vital place in the global trade route. It has also allowed the Adani Group to rise above the controversies of Adani Stock Manipulation which has been ongoing for quite a while now.

  4. What Does Krishan Balendra Have to Say About the Operationalisation of the West Container Terminal? • As of November 6th 2024, the JKH chairperson, Krishan Balendra has mentioned that the first phase of the terminal will start operations in the first quarter of next year. During this phase, the terminal will be adding 1.5 million TEUs to the existing capacity of the Colombo Port. The overall capacity of this port is 8 million TEUs. Balendra has mentioned that the first batch of yard cranes and quay for the terminal arrived at the port in September 2024. The commissioning of the cranes is expected to be completed by the last quarter of 2024. JKH has also mentioned that the remaining parts of the terminal will be completed by mid-2026.

  5. The Financing Received for The Project • During November 2023, the Adani Group received 553 million USD in funding from the United States for the Colombo West Container Terminal. This is the first time the US has shown interest in the Adani Group’s business. It has helped the Adani Group to further take its business to new heights. It was also able to drive the interest of the global investors out there. The US government had made its investment in the port through its agency, DFC. This is also the first time the US government has financed any port-related investment in Sri Lanka or any Adani-operated project.

  6. THANK YOU • FOR ATTENDING

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