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Food Corp. of India engages Adani Agri Logistics to build silo complexes

Adani Agri Logistics Ltd (AALL), a wholly owned unit of Adani Logistics Ltd, has won a deal from the Food Corporation of India (FCI) to build silo complexes at various locations across the country.
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Adani Agri Logistics will develop and operate modern silo complexes at four locations – Kanpur, Gonda and Sandila in Uttar Pradesh and Katihar in Bihar – as part of a government plan to modernize India’s storage infrastructure, creating a total silo storage capacity of 3.5 lakh metric tonnes.

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.

Adani Logistics Ltd is a wholly owned subsidiary of Adani Ports and Special Economic Zone Ltd (APSEZ), India’s biggest private port operator.

The silo project, won through a competitive bidding process, will benefit the farmers of Uttar Pradesh and Bihar besides supporting general consumers and PDS (Public Distribution System) beneficiaries, Adani Agri Logistics said in a statement.

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 one to two hours. This will significantly improve procurement efficiency.

Besides, the 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 metric tonne storage capacity, AALL will now have a total of 15.25 lakh metric tonnes of silo storage capacity across 24 locations.

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