Gopalpur Port

Adani Ports acquires 95% stake in Odisha’s Gopalpur Port at Rs 3,080 crore

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[ AHMEDABAD: Adani Ports and Special Economic Zone (APSEZ), the ports and logistics arm of Gautam Adani-owned Adani Group on Tuesday announced it has acquired a controlling 95% stake in Odisha-based Gopalpur Port. APSEZ has agreed to acquire the stake for an equity value of Rs 1,349 crore and an enterprise value of Rs 3,080 … Read more

Adani Group to acquire Gopalpur Port in Odisha for Rs 3,080 cr; bolster its east coast presence

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[ NEW DELHI: Port major Adani Group has increased its presence on the east coast with Adani Ports entering into a definitive agreement to acquire Gopalpur Port Limited (GPL) at an enterprise value of Rs 3,080 crore. Gopalpur is a road-rail connected port with capacity of 20 MMTPA and significant potential for expansion.Adani Ports and … Read more