Adani Ports and Special Economic Zone (APSEZ) has announced that it has called off its deal to construct the Bhavanapadu Port in Andhra Pradesh, India.
In January 2018, the Government of Andhra Pradesh granted a Letter of Intent to Award (LOA) to APSEZ for the Bhavanapadu Port.
Adani Ports said that it fulfilled all requirements for documents of the LOA. However, the Government of Andhra Pradesh asked for some changes to be made to the Draft Concession Agreement.
The company said that it could not...
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