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Adani Ports shares rise after Paradip Port awards two dry berths

Adani Ports and SEZ said it received a letter of award from Paradip Port Authority in Odisha after emerging as the highest bidder for the development and operation of two dry bulk berths.

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Shares of Adani Ports and Special Economic Zone (SEZ) gained on Wednesday, September 9, after the company said it received a letter of award from Paradip Port Authority in Odisha. The company said it emerged as the highest bidder for the letter of award covering the development and operation of two dry berths.