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<h1>CCI Approves Adani Ports' Acquisition of 10.4% Equity Stake in Gangavaram Port from Andhra Pradesh Government.</h1> The Competition Commission of India has approved Adani Ports and Special Economic Zones Limited's acquisition of a 10.4% equity stake in Gangavaram Port Limited from the Government of Andhra Pradesh. Adani Ports operates across 11 ports in six Indian states, while Gangavaram Port, located in Andhra Pradesh, is managed under a Build-Own-Operate-Transfer agreement with the state government. This agreement allows for a 30-year concession period, extendable by another 20 years. The detailed order from the CCI regarding this acquisition will be released subsequently.