Vizhinjam port project gets a new deadline
The Hindu
First phase will be completed in 2023, Devarkovil says after meeting AVPPL officials
The first phase of the multi-crore Vizhinjam international seaport project will be completed and commissioned in 2023, the Minister for Ports Ahammad Devarkovil said on Thursday after holding talks with officials of the Adani Vizhinjam Port Pvt. Ltd. (AVPPL).
The Minister came out with a new deadline even as the Ahmedabad-based Adani Group sought a five-year extension (till 2024) for completing the ₹7,525-crore port project which had overshot the original December 3, 2019, target date.
Earlier requests by the AVPPL for extensions citing force majeure situations had been declined by the government. Subsequently, arbitration proceedings commenced earlier this year and the AVPPL had placed its claims before the three-member tribunal.
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