Adani Ports set to acquire 95% ownership of Odisha’s Gopalpur Port

Adani Ports will buy a 95% stake in Odisha’s Gopalpur Port to bolster its east coast presence. Adani Ports will purchase a 56% stake in Gopalpur Port from real-estate conglomerate Shapoorji Pallonji Group and a 39% stake from Orissa Stevedores. Adani Ports and Special Economic Zone (APSEZ) develops and operates about 12 ports and terminals on the west and east coasts of India.