Tag: Adani to Acquire around 70% Stakes in Krishnapatnam Port

India’s largest private multi-port operator; Adani Ports and Special Economic Zone Limited (APSEZ) has announced to buy 65-70% stake in Krishnapatnam Port Company Ltd. The port is currently owned by the Andhra Pradesh government. It was given to the CVR Group for development and operations on a 30-year contract beginning September 2004. The port contract…