Colombo, April 9 -- Adani Ports and Special Economic Zone (APSEZ) has officially commenced operations at the Colombo West International Terminal (CWIT), days after the Sri Lanka visit of Indian Prime Minister Narendra Modi.
Notably, CWIT is the first fully automated deep-water terminal in Colombo.
Gautam Adani, Chairman of the Adani Group, called the commencement of operations a momentous milestone in regional cooperation between India and Sri Lanka.
Meanwhile, according to reports, the shares of APSEZ surged 3.6% to their intraday high of Rs 1,151.95 on the BSE on Tuesday after the company officially commenced operations at the CWIT.
Located at the Port of Colombo, the terminal is being developed under a public-private partnership invo...