Prime Minister Narendra Modi will dedicate ‘Vizhinjam International Deepwater Multipurpose Seaport‘ to the nation today, May 2. This Rs 8,900-crore deep-water port has been developed by Adani Ports and Special Economic Zone Ltd (APSEZ), Adani Group company and India’s largest port developer, under the public-private partnership model.
Notably, the Vizhinjam International Transhipment Deepwater Multipurpose Seaport is an ambitious project taken up by Government of Kerala. The port is currently being developed in a landlord model with a Public Private Partnership component on a design, build, finance, operate and transfer basis. Adani Group has commenced its construction on 5th December 2015.
#WATCH | Thiruvananthapuram, Kerala: Prime Minister Narendra Modi to dedicate to the nation 'Vizhinjam International Deepwater Multipurpose Seaport' worth Rs 8,900 crore on May 2
— ANI (@ANI) May 1, 2025
The Vizhinjam International Transhipment Deepwater Multipurpose Seaport is an ambitious project… pic.twitter.com/HkDGt0t3so
According to the official press release, this is the country’s first dedicated container transhipment port, representing the transformative advancements being made in India’s maritime sector as part of the unified vision of Viksit Bharat. Furthermore, the release also noted that the port is strategically important, and has been identified as a key priority project that will contribute to strengthening India’s position in global trade, enhancing logistics efficiency, and reducing reliance on foreign ports for cargo transhipment.
Kerala’s Governor Rajendra Vishwanath Arlekar, Chief Minister Pinarayi Vijayan, Union Shipping Minister Sarbananda Sonowal, Union Ministers Suresh Gopi and George Kurian, State Ministers Saji Cheriyan, V Sivankutty, GR Anil, Opposition leader V D Satheesan, MPs Shashi Tharoor and A.A. Rahim, Mayor Arya Rajendran, and former Union Minister Rajeev Chandrasekhar will also attend the event alongside with PM Modi.
What More?
AS Suresh Babu, former MD & CEO of Vizhinjam International Seaport Limited (VISL), said, “In 2014, the fourth tender was out, and almost five leading companies qualified in that tender. Only three of them purchased the tender documents. But finally, the price bid – Adani had submitted and the agreement was signed in September 2015 and started in December 2015.”
#WATCH | Thiruvananthapuram | PM Modi will dedicate the Vizhinjam International Deepwater Multipurpose Seaport to the nation tomorrow. The ambitious project of the Kerala government is being developed under the PPP model. The private partner, the Concessionaire Adani Vizhinjam… pic.twitter.com/CwbZYNDyyR
— ANI (@ANI) May 1, 2025
He further said, “It is a very good thing that we’re getting an international transhipment port here. This is a project for India, and Adani being the concessionaire, I am sure that with their expertise, they’ll be able to do a good job here. By seeing the difficulties faced by the concessionaires, only Adani could do this project because they know Indian and Kerala’s conditions, and they have expertise in this field.”
ALSO READ: Adani Enterprises Announces FY25 Results – EBITDA Increased By 26% To Rs 16,722 Crore
