Business
First mother ship to berth at Adani Ports Vizhinjam in September
Thiruvananthapuram, May 23
The much-delayed Kerala's flagship project- Vizhinjam Port finally appears to be nearing completion.
According to the state government, the first mother ship from China having 40 cranes will arrive in September and berth at the Port.
Port authorities also point out that the port is expected to be fully operational by 2024 September. Upon its completion, the port will prove to be a game changer not just for Kerala but for the entire country as 80 per cent of transshipments to India which currently takes place at Colombo, Singapore and Dubai, will arrive at Vizhinjam.
During the commencement of the port by Adani on December 5, 2015, Gautam Adani had announced that the first ship will berth there on September 1, 2018, in a record time of less than 1,000 days.
Inked during the Congress-led UDF government under Chief Minister Oommen Chandy (2011-16), the work for the port began at the fag end of Chandy's tenure, but after the Pinarayi Vijayan government took over, due to numerous reasons, the pace could not be followed.
After cyclone Ockhi hit the construction site in 2017, a portion of the constructed breakwater was washed away and since then the shortage of limestone, the most important raw material for the project, caused yet another delay.
The total cost of the port project is Rs 7,525 crore for which the state government has contributed 500 acres of land.
Even though the authorities now say that the first mother ship will berth in September, last year the State Ports Minister Ahamed Devarkovil had said that the first ship will berth in March 2023 and the first phase of the port would be commissioned in 2023 September.
According to the agreement, Adani will operate the port for 40 years, extendable by 20 more years, while the state government will get a portion of the revenue from the port after 15 years.
According to the project, a record one lakh jobs which includes direct and indirect ones will be created and hence the arrival of the first mother ship in September is eagerly awaited.
11 hours ago
Air India cancels multiple flights as Ethiopian volcanic ash drifts into Indian airspace
11 hours ago
India and EU discuss shared security challenges, early conclusion of defence partnership
11 hours ago
Netanyahu's office working on new date for visit, says Israeli PM has 'full confidence' in India's security under PM Modi
17 hours ago
After Hindu protest, global online retailer Shein removed Lord Ganesh blanket & doormat
18 hours ago
As Deol family battles grief, here's how Karan Deol fulfils final responsibilities for grandfather Dharmendra
18 hours ago
Juhi Chawla revisits her childhood obsession with Dharmendra’s classic ‘Sholay’
18 hours ago
Manoj Bajpayee talks about Nagaland and how its people are connected with nature
18 hours ago
Riteish Deshmukh shares how son Riaan helps him appreciate life’s simple joys
18 hours ago
Kareena Kapoor wishes ‘darling bro’ Armaan Jain on b’day: Can’t wait to celebrate soon
18 hours ago
Vijay Sethupathi welcomed on board the unit of Vetrimaaran's 'Arasan'
18 hours ago
President Murmu tells young IRS officers to uphold integrity, fairness
18 hours ago
Gujarat to hold padyatra in honour of Sardar Vallabhbhai Patel
18 hours ago
When Dharmendra brought the horrors - and bravery - of the 1962 war to all Indians' homes
