APSEZ has completed the 100% acquisition of NQXT Australia, aiming to scale cargo throughput to 1 billion tonnes by 2030. The deal strengthens APSEZ’s international footprint along the East-West trade corridor, leveraging NQXT’s 50 Mtpa capacity and long-term lease in North Queensland.
India
-Oneindia Staff
On
proforma
basis,
FY26
EBITDA
guidance
now
at
₹22,350-23,350Cr
from
₹21,000-22,000
Cr;
cargo
volume
at
545
MMT-555
MMT
from
505
MMT-515
MMT
•
With
the
acquisition
of
North
Queensland
Export
Terminal
(NQXT),
APSEZ
is
on
track
to
achieve
1
Billion
tonne
of
cargo
volume
by
2030
•
The
acquisition
adds
a
cash
generating
asset
to
APSEZ’s
international
portfolio
along
the
East-West
trade
corridor
•
NQXT
is
a
critical
export
gateway
for
producers
in
resource-rich
Queensland
with
a
current
capacity
of
50
MTPA
Adani
Ports
and
Special
Economic
Zone
Limited
(APSEZ),
India’s
largest
Integrated
Transport
Utility,
has
successfully
completed
the
acquisition
of
100%
interest
in
NQXT
Australia
pursuant
to
completion
of
all
condition
precedents,
including
approvals
from
‘majority
of
minority’
shareholders,
Reserve
Bank
of
India,
Foreign
Investment
Review
Board
of
Australia,
amongst
others.
APSEZ
has
allotted
14,38,20,153
equity
shares
of
face
value
₹2
each
to
the
seller,
Carmichael
Rail
and
Port
Singapore
Holdings
Pte
Ltd
on
a
preferential
basis.
APSEZ
has
completed
the
100%
acquisition
of
NQXT
Australia,
aiming
to
scale
cargo
throughput
to
1
billion
tonnes
by
2030.
The
deal
strengthens
APSEZ’s
international
footprint
along
the
East-West
trade
corridor,
leveraging
NQXT’s
50
Mtpa
capacity
and
long-term
lease
in
North
Queensland.
“Closure
of
NQXT’s
acquisition
is
a
significant
milestone
in
APSEZ’s
growth
trajectory
towards
1
billion
metric
tonne
cargo
by
2030”,
said
Mr.
Ashwani
Gupta,
Whole-time
Director
&
CEO,
APSEZ.
“NQXT
is
an
excellent
asset
with
distinct
geographical
advantages,
strong
growth
prospects,
and
an
enviable
sustainability
track
record.
NQXT
will
enhance
our
presence
along
the
East-West
trade
corridor
along
with
our
other
international
ports
in
Israel,
Colombo
and
Tanzania.
I
am
delighted
to
welcome
NQXT
to
the
APSEZ
family
and
look
forward
to
strengthening
our
impact
on
the
global
trade
landscape”.
NQXT
is
a
high-growth,
cash
generating
asset,
driven
primarily
by
take-or-pay
contracts
with
customers.
During
FY25,
NQXT
had
a
contracted
capacity
of
40
million
tonnes
and
delivered
A$
228mn
EBITDA
(on
proforma
basis,
NQXT
represents
6%
and
7%
of
APSEZ’s
FY25
revenue
and
EBITDA
respectively).
——————————
NQXT
is
a
natural
deep-water,
multi-user
export
terminal
with
a
name
plate
capacity
of
50
million
tonnes
per
annum.
NQXT
is
under
a
long-term
lease
from
the
Queensland
government
and
is
a
critical
infrastructure
asset
supporting
Australia’s
significant
resource
industry.
Located
in
the
Port
of
Abbot
Point
in
North
Queensland,
NQXT
primarily
serves
mining
customers
who
are
operating
in
the
resource-rich
Bowen
and
Galilee
basins
and
exports
largely
to
fast-growing
markets
in
North
and
South-East
Asia
(during
FY25,
c.88%
of
cargo
was
shipped
to
Asian
countries).
NQXT
has
a
long
remaining
lease
file
of
85
years,
with
its
lease
set
to
expire
in
year
2110.
Port
of
Abbot
Point
has
been
declared
as
a
Strategic
Port
and
Priority
Port
Development
Area
by
the
Queensland
Government.
NQXT
has
an
identified
pathway
and
capability
to
expand
throughput
to
meet
the
global
demand
for
Queensland’s
high-quality
resources
including
potential
for
green
hydrogen
exports.
NQXT’s
operations
have
contributed
over
A$
10
billion
to
Queensland’s
Gross
State
Product
and
facilitated
8,000+
jobs
across
mining
and
other
industries.
NQXT
boasts
of
impeccable
sustainability
credentials
with
an
excellent
safety
record
(zero
FY25
reportable
environmental
incidents
and
zero
fatalities),
diverse
workforce
(21%
female
workforce
participation,
5%
of
the
workforce
identify
as
Aboriginal
and
Torres
Strait
Islander)
and
deep
community
involvement
(50%
of
FY25
goods
and
services
procurement
with
local
and
regional
suppliers
and
over
A$
2.5mn
spent
since
2017
on
community
initiatives
in
Bowen
and
Collinsville).
——————————
APSEZ,
part
of
the
globally
diversified
Adani
Group,
a
leading
Integrated
Transport
Utility–across
cargo
origination
(International
Freight
Network)
through
port
handling,
rail
transport,
multi-modal
logistics
parks,
warehousing,
and
final
delivery
via
road
transport
to
customer
gates.
This
comprehensive
“shore-to-door” capability,
supported
by
cutting-edge
digital
infrastructure
and
AI-driven
optimization,
positions
APSEZ
as
India’s
preeminent
integrated
logistics
solutions
provider.
The
company
operates
a
comprehensive
ecosystem
of
15
strategically
located
ports
and
terminals
across
India’s
west,
south,
and
east
coasts,
combined
with
a
diversified
marine
fleet
of
127
vessels,
integrated
logistics
capabilities
including
12
multi-modal
logistics
parks,
3.1
million
sq.
ft.
of
warehouses,
and
25,000+
trucks
operating
on
its
proprietary
platform,
thus
providing
capabilities
to
handle
vast
amounts
of
cargo
from
both
coastal
areas
and
the
hinterland.
With
a
current
cargo
handling
capacity
of
633
million
tonnes
per
annum,
APSEZ
commands
approximately
28%
of
India’s
total
port
volumes,
targeting
1
billion
tonnes
throughput
by
2030.
Recognized
among
the
Top
5%
of
global
transportation
and
transportation
infrastructure
firms
in
the
2025
S&P
Global
Corporate
Sustainability
Assessment
(95th
percentile
globally),
with
five
ports
featuring
in
the
World
Bank’s
Container
Port
Performance
Index
2024,
APSEZ
combines
scale,
operational
excellence,
and
integrated
capabilities
to
enable
seamless
global
trade.
