அருமை கேப் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Adani Group Acquires Gangavaram Port
siliconindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from siliconindia.com Daily Mail and Mail on Sunday newspapers.
APSEZ acquires remaining 10 4% stake in Gangavaram Port
ship-technology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ship-technology.com Daily Mail and Mail on Sunday newspapers.
APSEZ fully unlocks India s eastern hinterland with Rs 6,200 Cr acquisition of Gangavaram Port
equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Adani completes acquisition of Gangavaram Port
prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.
14 April 2021 (Last Updated April 14th, 2021 12:45)
India’s Adani Ports and Special Economic Zones (APSEZ) has secured key regulatory approval to acquire 89.6% stake in the Gangavaram Port.
Share Article
India’s Adani Ports and Special Economic Zones (APSEZ) has secured key regulatory approval to acquire 89.6% stake in the Gangavaram Port.
The Competition Commission of India (CCI) approved the deal under Section 31(1) of the Competition Act, 2002.
The transaction involves APSEZ acquiring 89.6% shareholding in Gangavaram Port Limited (GPL), the entity which operates the port.
Gangavaram Port is located in Visakhapatnam, in the state of Andhra Pradesh.
The construction works for the port began in 2005 and it started trial operations in August 2008. It is developed as an all-weather, multipurpose port with a water depth of up to 21m.