Gopalpur Ports
Gopalpur Ports' credit rating upgraded 6 notches post-acquisition by APSEZ
The upgrade by CareEdge Ratings follows subsequent prepayment of 64 per cent of external debt supported by funds infusion from APSEZ
 "Gopalpur Ports' credit rating upgraded 6 notches post-acquisition by APSEZ")
Adani Ports acquires 95% stake in Gopalpur Port in Rs 3,350 cr deal
Gopalpur Port handles primarily dry bulk cargo, including iron ore, coal, limestone, ilmenite, and alumina
 "Adani Ports acquires 95% stake in Gopalpur Port in Rs 3,350 cr deal")
Adani Ports set to buy 95% of Odisha's Gopalpur Port for $162 million
Adani Ports will purchase a 56% stake in Gopalpur Port from real-estate conglomerate Shapoorji Pallonji Group (SP Group) and a 39% stake from Orissa Stevedores
 "Adani Ports set to buy 95% of Odisha's Gopalpur Port for $162 million")
Adani Ports in talks for acquisition of SP Group's Gopalpur Ports in Odisha
Adani Ports & Special Economic Zone is pursuing a potential Rs 1,100-1,200 crore acquisition of Gopalpur Ports from Shapoorji Pallonji Group, which would bolster its presence along the eastern coast
 "Adani Ports in talks for acquisition of SP Group's Gopalpur Ports in Odisha")
SP group in talks with PE firms to sell Gopalpur port, other assets
The talks with private equities and other investors were initiated after JSW Ports and the Adani group made offers of around Rs 3,000 crore to acquire Gopalpur Port
 "SP group in talks with PE firms to sell Gopalpur port, other assets")
Afcons Infrastructure plans to raise up to Rs 8,000 crore through IPO
The group was also planning to sell Gopalpur Port to raise upto $2 billion but the transaction has not materialised so far
 "Afcons Infrastructure plans to raise up to Rs 8,000 crore through IPO")
Gopalpur port carries on normal operations amid coronavirus scare
The port has taken all precautionary measures to prevent the spread of Covid-19
Coronavirus: Gopalpur port quarantines vessels from affected countries
The port has also developed its own standard operating procedures measures and is complying with IMO and WHO guidelines
 "Coronavirus: Gopalpur port quarantines vessels from affected countries")
Jindal Steel's import brings first Capesize vessel to Gopalpur Port
Essar Shipping-owned vessel carries 105,000 tonnes of limestone for JSPL; Gopalpur is undertaking an expansion plan entailing dredging of the channel to enable it to receive large ships
Odisha govt is set to sign fresh concession pact for Gopalpur Ports Ltd
The port's development work has suffered due to change in ownership structure and dithering by the original promoters to fund the expansion plan
 "Odisha govt is set to sign fresh concession pact for Gopalpur Ports Ltd")
