Adani Ports and Special Economic Zone (APSEZ) 5 October completed the acquisition of the Krishnapatnam Port Company Limited (KPL) in Andhra Pradesh for an enterprise value of Rs 120 billion but at a lower enterprise value compared with the deal that APSEZ signed with KPL at the beginning of the year. Present enterprise value is 13 per cent lower than the original deal value of Rs 135 billion.
JSW Cement is at present aiming to grow its cement manufacturing capacity to 25 MTPA by 2023. Its current capacity is 14 MTPA. One of the key enablers of its targeted 25 MTPA capacity growth are various projects being undertaken at its subsidiary, Shiva Cement, in Odisha. Upon achieving this capacity target, JSW Cement will rank among top 5 cement companies in India