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Krishnapatnam Port

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Krishnapatnam Port

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. The port was owned and ope

rated 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. 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.

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