News
23 January 2018

Adani and SEZ chosen for Bhavanapadu port PPP

In:
Transport
Region:
Asia-Pacific

Adani Ports and SEZ Ltd have been selected by the Indian state government of Andhra Pradesh to develop the greenfield non-major port at Bhavanapadu as a PPP after Navayuga and Gangavaram Port withdrew from the tender. The government has accepted a 2.3% revenue share for the first 30 years.

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