Saturday, January 24, 2026
12.1 C
New Delhi

Vizhinjam Port Phase II Launched, Adani Commits Rs 16,000 Crore Investment

Show Quick Read

Key points generated by AI, verified by newsroom

Kerala Chief Minister Pinarayi Vijayan on Thursday inaugurated the second phase of development of the Vizhinjam International Seaport, with Adani Ports & Special Economic Zone Ltd (APSEZ) committing an additional investment of Rs 16,000 crore to expand the port’s capacity to 5.7 million TEUs by 2029.

The event was attended by Karan Adani, Managing Director of Adani Ports, and Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal.

Capacity Expansion 

Addressing the inauguration ceremony, Karan Adani said the Phase II investment would significantly scale up operations at the port.

“With an additional investment of Rs 16,000 crores under Phase 2 and a cumulative commitment of Rs 30,000 crores, Vizhinjam will scale from a capacity of 1 million TEU (Twenty-Foot Equivalent Unit) to 5.7 million TEUs by 2029, emerging as India’s largest transhipment port and a globally competitive maritime hub,” he said.

Fastest Indian Port To Cross 1 Million TEUs

Highlighting the port’s early performance, the Adani Ports MD said Vizhinjam had achieved a key milestone within a short period of operations.

“In just 15 months of operations, Vizhinjam became the fastest Indian port to handle 1 million TEUs—firmly placing Kerala on the global shipping map and showcasing India’s port-led development vision,” he said.

He also noted that this was the largest investment committed by any business house in the state of Kerala.

Adani Credits CM Vijayan, Opposition Leaders For Support

Adani acknowledged the role played by the state leadership in the execution of the greenfield project.

“…I must admit that we would not have been able to complete this project if not for the continuous support of the CM. He has been our biggest asset that an investor can ask for when implementing such a large green field project…” he said.

He also thanked Leader of the Opposition V. D. Satheesan and MP Shashi Tharoor for their support, calling the collaboration a strong example of cooperative federalism.

Phase II To Add Advanced Port Infrastructure

According to sources cited by PTI earlier, Phase II equipment development will include 21 automated ship-to-shore (STS) cranes, 45 automated Cantilever Rail-Mounted Gantry (CMRG) cranes, a rail handling yard, and state-of-the-art electrical and automation systems.

Go to Source

Hot this week

Thailand Builds Buddha Statue On Disputed Border, Cambodia Raises Objections

Tensions around religious symbols in the region have grown since December, when a ceasefire brought an end to three weeks of deadly fighting along the border. Read More

Speeding Sedan Crashes Into US’s Detroit Metro Airport Terminal, 6 Injured

A speeding car crashed into Detroit Metro Airport’s McNamara Terminal. The driver in a Detroit Lions jersey was detained. Wayne County Airport Authority Police are investigating. Read More

Trump threatens Canada with 100% tariffs over China trade deal

US President Donald Trump threatened to hit Canada with a 100% tariff on all Canadian goods if the country’s prime minister strikes a trade deal with China. Read More

Trump Threatens 100% Tariffs On Canada Over China Deal, Tensions With Mark Carney Escalate

Show Quick Read Key points generated by AI, verified by newsroom US President Donald Trump on Saturday threatened to impose a 100 per cent tariff on all Canadian goods entering the United States if Ottawa goes ahead with a trade deal with Read More

40% increase in tech professionals moving from US to India amid H-1B row, LinkedIn data shows

A growing number of Indian tech professionals are returning home as uncertainty over the US H-1B visa program increases. Read More

Topics

Thailand Builds Buddha Statue On Disputed Border, Cambodia Raises Objections

Tensions around religious symbols in the region have grown since December, when a ceasefire brought an end to three weeks of deadly fighting along the border. Read More

Speeding Sedan Crashes Into US’s Detroit Metro Airport Terminal, 6 Injured

A speeding car crashed into Detroit Metro Airport’s McNamara Terminal. The driver in a Detroit Lions jersey was detained. Wayne County Airport Authority Police are investigating. Read More

Trump threatens Canada with 100% tariffs over China trade deal

US President Donald Trump threatened to hit Canada with a 100% tariff on all Canadian goods if the country’s prime minister strikes a trade deal with China. Read More

Trump Threatens 100% Tariffs On Canada Over China Deal, Tensions With Mark Carney Escalate

Show Quick Read Key points generated by AI, verified by newsroom US President Donald Trump on Saturday threatened to impose a 100 per cent tariff on all Canadian goods entering the United States if Ottawa goes ahead with a trade deal with Read More

40% increase in tech professionals moving from US to India amid H-1B row, LinkedIn data shows

A growing number of Indian tech professionals are returning home as uncertainty over the US H-1B visa program increases. Read More

Ukraine peace talks conclude in Abu Dhabi as Donbas issue remains unresolved

Trilateral peace talks between Russia, Ukraine and the United States concluded in Abu Dhabi on Saturday, with no immediate breakthrough. Read More

Cuba eyes stronger economic ties with India across biotech, IT, tourism

Cuba seeks to strengthen economic ties with India in biotech, healthcare, renewable energy, IT, tourism and agro-industry, offering investment opportunities, land access and digital visa facilities for smoother collaboration. Read More

CBI Court Reverses Bhupesh Baghel’s Acquittal In 2017 Fake Sex CD Case: Sources

The special court reversed the earlier magisterial order in the case of obscene video purportedly depicting Rajesh Munnat, who was then serving as the PWD minister. Read More

Related Articles