Krishnapatnam Port popularly known as KPCL is a privately built and owned all weather, deep water port on the east coast of India, located in the Nellore District of Andhra Pradesh. It is located about 190 km north of the Chennai Port and 18 km east of the city of Nellore.[3][4] The port was owned and operated by the Krishnapatnam Port Company Limited (KPCL) which was 92% owned by Hyderabad-based CVR Group. The London-based equity firm 3i owned the remaining 8% equity in KPCL.[5]
In October 2020, Adani Ports & SEZ acquired 75% stake in the port, which increased to 100% in April 2021 with Adani Group buying the residual 25% stake.[6][7][8][9]
KPCL breakwater with KOLOS armour units
^"Adani group takes full control of Krishnapatnam port in Andhra Pradesh".
^"Adani Ports moves more than 8.5 million TEU". Port Technology. 6 April 2023. Retrieved 19 May 2023.
^"Chennai port loses out to new facility". The Hindu. 11 June 2012. Retrieved 22 November 2012.
^"FOCUS: NELLORE DISTRICT". Frontline. 30 (3). 9–22 February 2013. Retrieved 17 February 2013.
^"New port plan raises viability concerns for Krishnapatnam". 20 November 2012. Retrieved 22 November 2012.
^"Adani Ports increases its ownership from 75% to 100% in Krishnapatnam Port by acquiring Vishwasamudra Holdings' 25% stake for Rs. 2,800 Crs". www.adaniports.com. Retrieved 12 April 2021.
^"Adani group takes full control of Krishnapatnam port in Andhra Pradesh". The New Indian Express. Retrieved 12 April 2021.
^"Adani Ports acquires residual 25% stake in Krishnapatnam Port for Rs 2,800 crore". www.timesnownews.com. 5 April 2021. Retrieved 12 April 2021.
^"Adani Ports to acquire 25% of Vishwasamudra Holdings' stake in Krishnapatnam Port". Free Press Journal. Retrieved 12 April 2021.
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