Adani Ports buys Australian coal export terminal in $2.5-billion non-cash deal
Adani Ports and SEZ officially announced that it has acquired a coal export terminal in Australia in a $2.4-billion non-cash deal.
Adani Ports and SEZ officially announced that it has acquired a coal export terminal in Australia in a $2.4-billion non-cash deal.
The Board of Directors of Adani Ports and Special Economic Zone Ltd (APSEZ) on Thursday approved the acquisition of Abbot Point Port Holdings Pte Ltd (APPH), Singapore, from Carmichael Rail and Port Singapore Holdings Pte Ltd, Singapore (CRPSHPL), which is a related party.
Adani Ports and Special Economic Zone's (APSEZ) consolidated net profit rose by 14.12 per cent to Rs 2,520.26 crore based on a 15.07 per cent increase in revenue from operations to Rs 7,963.55 crore in Q3 FY25 over Q3 FY24, according to a company statement issued here on Thursday.
Adani Ports and Special Economic Zone Ltd. (APSEZ) on Wednesday said it has been ranked among the top 10 global transportation and transportation infrastructure companies in the 2024 S&P Global Corporate Sustainability Assessment (CSA).
Adani Group shares saw a bullish trend on Tuesday, as buying was seen in almost all of the group's stocks, led by Adani Green Energy and Adani Power.
Adani Ports and Special Economic Zone (APSEZ) on Friday announced its acquisition of an 80 per cent stake in global offshore support vessel operator Astro Offshore for $185 million in an all-cash deal.
Adani Ports and Special Economic Zone (APSEZ) on Tuesday announced the elevation of its credit rating to AAA by CARE Ratings.
Gopalpur port is located on the east coast of the country and has the capacity to handle 20 MMTPA (million metric tonne per annum).
The Adani group gained a further foothold in the port sector on the eastern coast by acquiring the all-weather deep water Karaikal Port owner Karaikal Port Private Ltd.
The company has also revised its port cargo throughput by 25 per cent to 500 million tonne by 2025.