Adani acquires majority stake in Gopalpur

Gopalpur Port

Source: Government of Odisha - Commerce and Transport Department/Wikipedia CC BY 4.0

Adani Ports and Special Economic Zone Limited has entered into a definitive deal to acquire a 95% stake in Gopalpur Port Limited (GPL).

Under the terms of the deal, the concessionaire has full flexibility to design and expand the port in line with the market demand. GPL has received more than 500 acres of land on lease for development, with an option to receive additional land on lease to meet future capacity expansions.

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