Kerala, Adani arm ink supplementary pact on port project

Kerala and Adani Vizhinjam Port Pvt Ltd have signed a supplementary agreement, accelerating revenue sharing from Vizhinjam seaport. With the project now fully operational by 2028 and expanded capacity, the government's revenue share from the port is projected to increase significantly, boosting both state income and tax revenue.

Nov 29, 2024 - 06:40
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Kerala, Adani arm ink supplementary pact on port project
Kerala and Adani Vizhinjam Port Pvt Ltd have signed a supplementary agreement, accelerating revenue sharing from Vizhinjam seaport. With the project now fully operational by 2028 and expanded capacity, the government's revenue share from the port is projected to increase significantly, boosting both state income and tax revenue.

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