He highlighted the group's commitment to transforming Kerala into a major logistics and transportation hub. "The Adani group has already invested Rs 5,000 crore in Vizhinjam and are committing an additional investment of Rs 20,000 crore. This is not only India's first transshipment hub, but
Kerala Finance Minister KN Balagopal has announced that Vizhinjam is poised to become India's largest port within the next decade, setting a new benchmark in the nation's maritime and port trade.
Noting that Adani Group is working in over 25 states of the country, Adani Group Chairman Gautam Adani has said that they are open to working with any government and do not get any special treatment.
Kerala Chief Minister Pinarayi Vijayan has written a letter to Prime Minister Narendra Modi, urging him to intervene and withdraw the Finance Ministry's decision requiring the state to repay the Viability Gap Funding (VGF) for the Vizhinjam International Seaport project.
The Kerala government has extended its agreement with Adani Vizhinjam Port for an additional five years, with a revised deadline for the commissioning of the port by December.
Kerala Chief Minister Pinarayi Vijayan has written to Union Finance Minister Nirmala Sitharaman, seeking her intervention for the release of the share of the Centre in the Viability Gap Funding (VGF) for the Vizhinjam International Seaport, without imposing the condition that the State must
Vizhinjam seaport is very close to the famous Kovalam beach. It has water connectivity to many regional and international ports. This is the first transhipment port in the country. Till now India was dependent on Colombo, Dubai and Singapore ports for transhipment. Now Vizhinjam Internationa
The ship, with a capacity of up to 9000 TEUs, docked at India's first automated port which is equipped with state of the art that offers large-scale automation for quick turnaround of vessels including capacity to handle megamax containerships.
This milestone event marks India's entry into the global transshipment and ushers in a new era in India's maritime history, positioning Vizhinjam as a critical player in the international trade routes.
By the year 2028-29 the total investment of the Kerala Government and Adani Vizhinjam Port will be Rs 20,000 crore, highlights Karan Adani, Managing Director of Adani Ports and SEZ on Friday.
About Vizhingam Port Project, Vizhinjam International Seaport in Kerala is a critical economic infrastructure project promoted by the Government of Kerala in a Public Private Partnership (PPP) mode. It is the largest private sector investment in Kerala.