Adani Agri Logistics secures LoA from FCI for silo complexes in UP, Bihar

Adani Agri Logistics secures LoA from FCI for silo complexes in UP, Bihar

Ahmedabad, October 14, 2022

Adani Agri Logistics Ltd (AALL), a wholly-owned subsidiary of Adani Logistics Ltd, has received a Letter of Award (LoA) from the Food Corporation of India (FCI), following competitive bidding, to build silo complexes at various locations in Uttar Pradesh and Bihar.

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, a press release from the company said.

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," the release said.

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, it said.

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.

Adani Logistics Limited (ALL), a subsidiary of Adani Ports and Special Economic Zone (APSEZ), is the most diversified end-to-end integrated logistics service provider in India by creating Logistics Infrastructure, including Multimodal Logistics Parks, and complete rail solutions for Container, Liquid, Grain, Bulk and Auto with presence across all major markets.

ALL has developed and operates Multi-Modal Logistics Parks (MMLP) at Patli, Kishangarh, Kilaraipur, Malur, Mundra, Nagpur and Taloja. It operates 77 freight trains (42 container trains, 25 Bulk trains, 7 agri trains and 3 auto trains), 800,000 sq ft of warehousing space, 5,000 + containers, 0.9 MMT of grain silos and a fleet of 285 own trucks.

NNN

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