The Gopalpur port can deal with 20 million metric tonne each year. The Authorities of Odisha awarded a 30 yr concession to GPL in 2006, with the availability of two 10-year extensions every.
The port performs an necessary position in supporting the expansion of mineral-based industries in its hinterland, like iron and metal, alumina and others, it mentioned.
Gopalpur is positioned between two main ports in Paradip and Visakhapatnam, and this transfer will assist the port operator strengthen its east coast presence, it mentioned.
“The acquisition of Gopalpur Port will enable us to ship extra built-in and enhanced options to our clients,” Karan Adani, managing director of Adani Ports, mentioned within the assertion. “Its location will enable us unprecedented entry to the mining hubs of Odisha and neighbouring states and permit us to broaden our hinterland logistics footprint.”
At the moment, Adani Ports has 14 ports beneath its belt with a capability of about 607 MMT, with the east coast contributing about 252 MMT.