Adani Ports acquires a 95% stake in Gopalpur Ports Limited
NewsThe acquisition is subject to approval from the Commerce and Transport Department, Govt. of Odisha, and Adani expects it to be completed by Q1 FY25.
Construction work at Dhamra port in the eastern Indian state of Orissa, which has been delayed for years, is expected to begin early next year. International Seaports Ltd (ISPL) has started initial work on the project site and is hoping to achieve financial closure in the first quarter of next year.
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