Adani Ports and Special Economic Zone Ltd (APSEZ), the leading Indian port and logistics operator, has completed the acquisition 95% of the capital of Gopalpur Port Limited (LPG), a company which operates the port of Gopalpur located in the Indian state of Orissa. The binding agreement signed last March provided for the acquisition of 56% of the capital in the hands of the Indian group Shapoorji Pallonjie is 39% in the hands of India's Orissa Stevedores Ltd. based on an enterprise value of 30.8 billion rupees ($366 million).

Gopalpur Port Limited operates the Indian port, which has a annual traffic capacity of 20 million tonnes, under a 30-year concession contract signed in 2006 which includes options to extend this duration for two periods of ten years each.