Adani Ports to be one of implementing entities in Jaiprakash Associates insolvency plan

Adani Ports has signaled interest in acquiring assets from Jaiprakash Associates under an approved insolvency resolution plan. This move could see APSEZ taking over aviation assets and gaining indirect control of Kanpur Fertilizers and Chemicals. The Adani Group continues its strategy of acquiring key assets through bankruptcy proceedings, potentially expanding its infrastructure portfolio beyond core logistics operations.