Wednesday, October 28, 2020
Home Business Adani gets nod for Vizhinjam port, to begin work in November

Adani gets nod for Vizhinjam port, to begin work in November

Port s
Nearly a quarter of a century after being first mooted, the Vizhinjam Port proposal has been finally cleared with Adani Ports to launch the work on November 1, Kerala Chief Minister, Oommen Chandy said here on Wednesday.

“We have decided to clear the project and it has been decided to hand it over to the lone tender of Adani Ports,” Chandy told reporters here after the weekly cabinet meeting.

“We announce to the people of Kerala that on November 1, which is Kerala’s formation day, the work for the Vizhinjam Port will begin and nothing is going to stop this dream project from going ahead,” Chandy said.

Last month, two different committees that looked into the only proposal submitted by Adani Ports for setting up the Vizhinjam Port near Kovalam, a beach town, had given go-ahead.

And, as the cabinet was all set to give its approval, the Communist Party of India-Marxist (CPI-M) politburo member Pinarayi Vijayan had alleged that there was a Rs.6,000-crore corruption involved in the deal with Adani Ports.

Hence, Chandy called an all-party meet to clear the air.

“At the all-party meeting, the Left opposition was demanding that all agreements have to be made public. The only document that was not uploaded was related to the final bid,” state Ports Minister K. Babu told reporters.

“We have now got legal opinion that it can also be uploaded and it has been done,” he added.

PortSince the Model Code of Conduct for the assembly by-election to be held in Aruvikkara assembly constituency has come into force, the state government will now seek the permission of the Election Commission to make the next move on signing agreements with the Adani Ports on Vizhinjam Port.

“The chief secretary has been asked to look into all such matters and the first thing that the Adani Ports has to do is to set up a special purpose vehicle so as to ink the agreements and from then on it would be their duty and on Kerala Day we will begin the work for the port,” Babu added.

Vizhinjam, when completed, will enable ships with a capacity of even 18,000 TEU (20-feet equivalent units) to dock here.

The proposed port, located close to the busy international shipping route, is envisaged to handle 4.1 million containers annually.

The Rs.4,000-crore first phase of the port is expected to be completed in three phases, with the first phase being ready by 2019.

Adani Ports was the lone bidder and had sought Rs.1,635 crore as grant for the proposed port project.




Most Popular

Scientists Reckon Risk of COVID Airborne Transmission

The continued increase in COVID-19 infections around the world has led scientists to study the dynamics of airborne transmission. In the study, published in the...

Hotel Occupancy Increased in India by 10-12% in September

The hospitality segment which was brought to a grinding halt by the pandemic is slowly witnessing an improvement in demand as hotel occupancy in...

New Potential Treatments for Common Eye Diseases

Researchers have uncovered a potential new strategy for treating eye diseases that affect millions of people around the world, often resulting in blindness. Many serious...

Apple Working to Develop Google Search Engine Alternative

Apple is reportedly ramping up its efforts to develop an alternative to Google search as the search engine giant has come under antitrust scrutiny...

Young Smokers Face the Risk of Premature Death

Current smokers faced nearly three times the risk of premature death from cardiovascular disease compared with people who never smoked, with the risk being...

Harley-Davidson Announces Its First Ever Electric Bicycle

 Harley-Davidson has unveiled its first-ever electric bicycle inspired by the brand's very first motorcycle from 1903. The new business called ‘Serial 1 Cycle Company' started...

Sourav Ganguly: IPL 2020 Is The Best Tournament So Far

BCCI President Sourav Ganguly has been overwhelmed with the response which the ongoing edition of the Indian Premier League (IPL) 2020 is getting in...

LinkedIn Ensures Hiring Of 3 Job Seeking People Every Minute

The global professional networking platform LinkedIn, which has more than 722 million users, ensures that three people are hired every minute and new features...

Recent Comments