The Indian government has granted permission to Adani Krishnapatnam Port in Andhra Pradesh to import petroleum up to March 2026. This decision allows the port to import petroleum by sea, benefiting the country's energy needs.
Photograph: ANI Photo
New Delhi, Dec 9 (PTI) The Centre has allowed Adani Krishnapatnam Port in Andhra Pradesh to import petroleum into India up to March 1, 2026, according to an official notification.
The port has been allowed to import petroleum by sea from August 28, 2024, till March 1, 2026, in public interest, according to the notification by the Ministry of Ports, Shipping and Waterways.
Owned and operated by Adani Ports and Special Economic Zone Limited (APSEZ), Adani Krishnapatnam Port Ltd is an all-weather deep water port located on the East Coast of India in Andhra Pradesh.
Adani Ports & SEZ shares were trading higher by 0.56 per cent at Rs 1,267.30 on BSE in the pre-close session.
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