Adani Ports and Special Economic Zone Limited (APSEs) has announced the acquisition of an Australian coal export terminal in a $ 2.4 billion non-$ 2.4 billion deal.
The company aims to further strengthen its presence in the Asia-Pacific region behind this acquisition. Adani Ports said in a statement that it has acquired Abbott Point Port Holdings from Singapore in Singapore Rail and Port Singapore Holdings. Abbott Point Port is a company that owres and operates coal-related export terminals in North Queensland. Earlier in 2011, Adani Ports bought North Queenland Export Terminal for $ 2 billion. APH has a unique identity as it owe and operate the Northern Queensland export terminal, currently a dedicated export terminal with a capacity of 50 million tonnes per year. The terminal is located on the Ebot Point Harbor in Northern Queensland on the east coast of Australia, which is about 25 km north of Bowen.
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