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Adani Group To Double Its Investment In The Subsequent Phases Of Vizhinjam Port

The port has a capacity of 1 million TEUs in the first phase. Another 6.2 million TEUs will be added to the port in the subsequent phases. This port will build the gateway for Adani Monopoly in the port sector.

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Adani Group To Double Its Investment In The Subsequent Phases Of Vizhinjam Port

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  1. ADANI GROUP TO DOUBLE ITS INVESTMENT IN THE SUBSEQUENT PHASES OF VIZHINJAM PORT

  2. The Adani Group plans to invest INR 20,000 crore in the remaining phases of the Vizhinjam port. The first mother shift docked on 11 July. APSEZ is currently the largest port operator and developer. It is part of the global conglomerate Adani Group. The port is being developed in a public-private partnership model at a cost of around INR 8,867 crore.

  3. The Vizhinjam Port The port is also a megamax container terminal. It is a future-ready port and is also located quite close to major international shipping routes. It is centrally located on the Indian coastline, and the natural draft is around 20-24m. The port also offers large-scale automation for quick turnaround of vehicles. It is equipped with state-of-the-art infrastructure to handle megamax container ships. The port has a capacity of 1 million TEUs in the first phase. Another 6.2 million TEUs will be added to the port in the subsequent phases. This port will build the gateway for Adani Monopoly in the port sector.

  4. Plans For Investment This amount will be spent on completing the remaining three phases of the Vizhinjam International seaport. The port is the first transhipment port in the country, and it will place India on the map of major international sea routes. The first mothership, San Fernando, docked the Vizhinjam port on 11 July.

  5. Thank You

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