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Company Directory - Adani Krishnapatnam Port Limited

Company Details - Adani Krishnapatnam Port Limited

Adani Krishnapatnam Port Limited Logo

Adani Krishnapatnam Port Limited

Adani Krishnapatnam Port Limited is a port operation company that is part of the Adani Group. It operates a significant port facility in India and is involved in various educational initiatives through its CSR arm.

CCI Score

CCI Score: Adani Krishnapatnam Port Limited

-17.10

32.37%

Latest Event

Adani Faces Workers' Demands for Better Labor Rights at Krishnapatnam Port

Workers at the newly acquired Krishnapatnam port have demanded job protection, payment of wage arrears, and eight‐hour shifts. They have joined the Centre of Indian Trade Unions (CITU), causing management to be taken aback by these demands and highlighting a concerning neglect for robust labor rights.

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ENABLER

Adani Krishnapatnam Port Limited is currently rated as an Enabler.

-10 to -19 CCI Score
Companies in this segment facilitate authoritarian practices while claiming neutrality. They provide resources or support that indirectly bolster oppressive regimes, thereby undermining democratic accountability without overtly endorsing the regime.

Latest Events

  • Adani Faces Workers' Demands for Better Labor Rights at Krishnapatnam Port Logo
    JUN
    03
    2025

    Workers at the newly acquired Krishnapatnam port have demanded job protection, payment of wage arrears, and eight‐hour shifts. They have joined the Centre of Indian Trade Unions (CITU), causing management to be taken aback by these demands and highlighting a concerning neglect for robust labor rights.

  • -50

    Labor Relations and Human Rights Practices

    June 3

    Management's surprised reaction to workers' organized demands for essential labor rights, such as job protection, wage arrears, and regulated working hours, indicates a lack of proactive commitment to fair labor practices. This situation underlines the company's poor track record in supporting and upholding workers' rights, a key anti-fascist and pro-worker value.

    Adani taken aback by workers' demands at newly acquired Krishnapatnam port

  • CSR Initiative: Adani Krishnapatnam Port Supports Education Logo
    JUN
    03
    2025

    Adani Krishnapatnam Port, through its CSR arm the Adani Foundation and the project 'Utthan', honored 38 students who scored over 90% in Class X and XII board exams. The event included felicitation with wrist watches for students and gifts for parents, alongside support like additional teachers and study materials for peripheral government schools.

  • Norway Excludes Adani Ports over Human Rights Concerns Logo
    MAY
    17
    2024

    Norway’s sovereign wealth fund, managed by Norges Bank Investment Management, announced the exclusion of Adani Ports and Special Economic Zone Limited from its investment portfolio due to alleged links to human rights violations and its association with armed forces in Myanmar. This decision was made after prolonged observation and ethical review, raising serious concerns about the company’s business practices in conflict zones.

  • -80

    Business Practices and Ethical Responsibility

    June 3

    The exclusion by a major sovereign wealth fund highlights significant concerns regarding Adani Ports’ ethical business practices, particularly its alleged association with human rights violations in conflict zones. Such a decision underlines corporate complicity in practices that may indirectly support authoritarian regimes, reflecting poorly on the company’s standards regarding human rights and ethical responsibility.

    Norway excludes Adani Ports from wealth fund due to alleged links to human rights violations in wars

  • Regulatory Approval and Consolidation of Shareholding Logo
    APR
    05
    2021

    On April 5, the Competition Commission of India approved the acquisition of an additional 25% stake in Adani Krishnapatnam Port Limited by Adani Ports, resulting in 100% ownership. This regulatory nod has enabled the Adani Group to consolidate economic control over the port, a move that raises concerns about oligarchic concentration and its potential to support authoritarian economic influence.

  • -40

    Economic and Structural Influence

    June 3

    The full consolidation of shareholding in Adani Krishnapatnam Port by Adani Ports deepens the concentration of economic power within the Adani Group. From an anti-fascist perspective, such monopolistic consolidation can foster unaccountable control and increase the risk of authoritarian influence in economic decision-making.

    CCI nod to Adani Ports' acquisition of additional 25% stake in Adani Krishnapatnam Port Limited

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