Tag: Gangavaram Port

India: Adani Ports acquires majority of Gangavaram Port stake with government approval

Aug 25, 2021

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by

Rituparna Ghosh

in Non Coking

Adani Ports has acquired a majority stake at the Gangavaram Port as it has received the Andhra Pradesh government’s approval for the acquisition of the remaining 10.4% stake which was the last leg for its total acquisition of the port. In Mar’21, the company had acquired the controlling stake of Gangavaram Port from DVS Raju…