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Adani Ports completes Rs 12,000 cr deal for 75% stake in Krishnapatnam

The acquisition will accelerate APSEZ's stride towards 500 MMT by 2025 and is another step in implementing its stated strategy of cargo parity between west and east coasts

Topics
Adani Ports | Ports in India | APSEZ

Aditi Divekar  |  Mumbai 



adani ports,
Through its ports, the company is present in bulk, container as well as liquid cargo business.

In a bid to increase its footprint in the country’s port sector, and Special Economic Zone Limited (APSEZ) today announced the completion of acquisition of Krishnapatnam Port Company Ltd (KPCL) for an enterprise value of Rs 12,000 crore.

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First Published: Mon, October 05 2020. 17:51 IST

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