Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Dec 03, 2024

First Phase Of Vizhinjam Port's Operations Officially Completed, Announces State Ports Minister

First Phase Of Vizhinjam Port's Operations Officially Completed, Announces State Ports Minister
After the first cargo vessel reached Vizhinjam Port in July this year, the official completion of the international deep-water transshipment port's first phase of operations was announced by State Ports Minister V N Vasavan on Tuesday.(Source: Photographer- onlyyouqj/Freepik)

After the first cargo vessel reached Vizhinjam Port in July this year, the official completion of the international deep-water transshipment port's first phase of operations was announced by State Ports Minister V N Vasavan on Tuesday.

In a Facebook post, Vasavan said that the port demonstrated its capabilities during the five-month trial run phase, during which 70 cargo ships, including ultra-large motherships, arrived, and 1.47 lakh containers were handled.

Developed by Adani Ports and Special Economic Zone Ltd., India's largest port developer and part of the Adani Group, the port was constructed under a public-private partnership model at an estimated cost of Rs 8,867 crore.

The minister added that agencies like Vizhinjam International Seaport Limited, Adani Vizhinjam Port Private Limited, and the Indian Institute of Technology, Madras have jointly completed all necessary steps as per the agreement.

The provisional completion certificate for the first phase of construction and arrangements will be handed over on Wednesday, the minister added.

Vasavan stated the port's operation will pave the way for a "significant transformation in Kerala's international trade." This achievement will also contribute to boosting the state's economic growth, he added.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search