Adani Group buys port in Australia

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Mundra Port and Special Economic Zone Ltd (MPSEZL), the port arm of Adani Group’s flagship company Adani Enterprises Ltd (AEL), has announced its acquisition of a port Abbot Point Coal Terminal (APCT) in Australia for 1.8 billion Australian dollars (Rs.8,710 crore).

The deal takes MPSEZL into the league of top global port companies, with its asset base of $100 million increased to over $3 billion in 10 years, the company said.

 

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