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Shapoorji Pallonji divests Gopalpur port for Rs 33.5 bn

Shapoorji Pallonji divests Gopalpur port for Rs 33.5 bn

The Shapoorji Pallonji Group announced the sale of its Brownfield Gopalpur Port to Adani Ports and SEZ for an enterprise value of Rs 33.5 billion.  This is the second port divestment in the last few months from the diversified construction and infrastructure, real estate and energy conglomerate. It had earlier divested its Dharamtar Port to...