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.
Paradip gears up for iron ore
StandardParadip port in the east Indian state of Orissa, which last year commissioned a new coal handling facility at a cost of nearly Rs10 bill (US$208m), has found coal handling is not picking up as fast it expected. The port is accordingly gearing up to handle other bulk cargoes, mainly iron ore.
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