CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which UT/State is home to Karaikal Port, recently acquired by Adani Ports and Special Economic Zone (APSEZ)?
A
Kerala
B
Puducherry
C
Ladakh
D
Karnataka
Explanation: 

Detailed explanation-1: -New Delhi: Adani Ports and Special Economic Zone (APSEZ) has completed the acquisition of bankrupt Karaikal Port Private Limited (KPPL), located in Puducherry, for Rs 1, 485 crore.

Detailed explanation-2: -Karaikal port is located on the Eastern coast of India in Karaikal District of Puducherry state around 300 Km along the coast south of Chennai. The Port is at Vanjore Village, Karaikal Taluk, Puducherry at a latitude of 10⁰ 50′ N and 79⁰ 51′.

Detailed explanation-3: -Adani Ports & SEZ acquires Karaikal Port for Rs 1, 485 crores.

Detailed explanation-4: -The Adani Ports and Special Economic Zone Ltd (APSEZ) completed the acquisition of Karaikal Port Private Limited (KPPL) for Rs 1, 485 crore pursuant to approval by the National Company Law Tribunal (NCLT), the company said in a statement here Monday.

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