Adani Ports acquires Dighi Port, earmarks Rs 10K cr for new gateway into Maha
By IANS |
Published on
Tue, Feb 16 2021 22:33 IST |
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Karan Adani, CEO- Adani Ports and SEZ Ltd (Photo: Twitter/IANS). Image Source: IANS News
Ahmedabad, Feb 16 : 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.