Akshata Sharma
Share
Gautam Adani's son Karan Adani-led Adani Ports & SEZ plans to invest around Rs 20,000 crore to develop the second and third phase of the deep water container transhipment seaport at Vizhinjam in Kerala.
The Vizhinjam International Seaport, which is India's first automated port developed on a public private partnership between the Kerala government and Adani Ports, recently received the first cargo ship San Fernando as part of a trial of commercial operations.
The first phase of the project is expected to be commissioned by October this year. For the second and third phases of the project, the company will be investing nearly Rs 20000 crore.
Adani Ports has set a deadline to complete phases 2 and 3 of the project for 2028. Vizhinjam port is the first greenfield project in India initiated by a state government with an investment of over Rs 18,000 crore.
--Advertisement--
_821999626_124x80.jpg)
