Adani Ports and Special Economic Zone, a prominent Indian transport utility, has made a significant strategic move by acquiring Abbot Point Port Holdings (APPH) to facilitate future green hydrogen exports. In a non-cash deal, Adani Ports will issue 14.38 crore equity shares in exchange for 100% ownership of APPH from Carmichael Rail and Port Singapore Holdings. APPH, which operates the North Queensland Export Terminal (NQXT), possesses a deep-water, multi-user facility with a substantial annual capacity of 50 million tonnes. This acquisition is part of Adani Ports' vision to enhance its role in the green energy sector and support the growth of hydrogen exports. By taking over NQXT, Adani Ports gains access to a key infrastructure asset that can be leveraged for future developments in the green hydrogen market. The strategic acquisition is expected to strengthen Adani Ports' position in the logistics and transportation industry, enabling the company to play a significant role in promoting sustainable energy solutions and contributing to India's renewable energy goals.