Home ECONOMY Adani completes acquisition of Dhamra Port in Odisha

Adani completes acquisition of Dhamra Port in Odisha

0
SHARE
Dhamra Port
Dhamra Port

Odisha Sun Times Bureau

Mumbai/Bhubaneswar, June 23:

Adani Ports and Special Economic Zone (APSEZ) Monday in a filing with the Bombay Stock Exchange (BSE) said it has completed the acquisition of Dhamra Port in Odisha from Tata Steel and L&T Infrastructure Development Projects (L&T IDPL).

“APSEZ has completed the acquisition of 100 per cent stake in the Dhamra Port Company Limited from L&T, IDPL and Tata Steel,” it said in a filing to the BSE.

The company had executed a pact with both the companies to acquire the port for about Rs 5,500 crore in May this year.