Adani Ports Acquires Majority Stake in Gopalpur Port

Adani Ports and Special Economic Zone (APSEZ), a subsidiary of the Adani Group and India’s largest privately built and operated ports developer

By digging deeper into the factors which contributed to the completion of this remarkable agreement and the implications involved for the companies.

Located in the region of Ganjam and district Maratik in Odisha, 260 kilometres south of Bhubaneswar, the capital city of Odisha the Gopalpur Port is situated.

This is the only major port in the whole east coast between Paradeep and Visakhapatnam that is used in handling vessels with drafts of up to 13 metres.

The port is the main hub for the transportation of thermal coal and iron ore cargoes. However, it is planned to be converted into a multi-cargo terminal by virtue.

Furthermore, contingent on the available cargo at hand, the movement is currently standing at approximately 4 million tonnes.