Adani Group s Projects In Congress-Ruled States Contradict Rahul Gandhi s Claims swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
URL copied
Adani Ports acquires Dighi Port, earmarks Rs 10K cr for new gateway into Maharashtra
Adani Ports and Special Economic Zone Ltd on Tuesday informed that it has completed the acquisition of 100 per cent in Dighi Port Limited (DPL) for Rs 705 crore on February 15. The company had intimated the commencement of this development to stock exchanges on March 6, 2020.
With the acquisition, DPL has become the 12th port to join APSEZ s string of economic gateways across the eastern and western coast of India and would establish the company s footprint in Maharashtra. This would enable APSEZ to service customers in the state, including the highly industrialised areas in the Mumbai and Pune regions, the company said in a statement.
Shares of Adani Ports and Special Economic Zone (APSEZ) hit a new high of Rs 670, up 5 per cent, on the BSE in intra-day trade on Wednesday after the company said it has completed the acquisition of 100 per cent stake of Dighi Port Limited (DPL) for Rs 705 crore on February 15, 2021. APSEZ plans to invest over Rs 10,000 crore to develop the port into a multi-cargo port and investing in the development of rail and road evacuation infrastructure for seamless and efficient cargo movement. The company will strengthen and repair existing infrastructure and invest in the development of facilities for the dry, container, and liquid cargo.
Adani Ports Acquires Dighi Port In Raigad District Of Maharashtra, Plans To Invest Rs 10,000 Crore
Adaniâs Mundra port in Gujarat. (Wikimedia Commons)
Adani Ports and Special Economic Zone (APSEZ) on Tuesday (16 February) completed the acquisition of Dighi Port in Maharashtra for Rs 705 crore and plans to invest over Rs 10,000 crore to develop it as an alternate gateway to Jawaharlal Nehru Port, reports
LiveMint.
Jawaharlal Nehru Port of Mumbai is one of the 12 major ports in the country and also Indiaâs largest container port.
The acquisition by APSEZ includes 100 per cent stake in Dighi Port Limited (DPL) located on the banks of the Rajpuri Creek in the Raigad District of Maharashtra.