The much-delayed Kerala’s flagship project- Vizhinjam Port finally appears
to be nearing completion, if Kerala government’s assertion in this regard is to
be believed.
According to the state government, the first mother ship from China having
40 cranes will arrive in September and berth at the Port. Industry sources said
the cpim government appears to be more keen on commissioning the project much
before the operators Adani ports set the date
The project has been
delayed by nearly eight years
Port authorities however said the port is expected to be operational by
2024 September. Upon its completion, the
port will prove to be a game changer not just for Kerala but for the entire
country as 80 per cent of transshipments to India which currently takes
place at Colombo, Singapore and Dubai, will arrive at Vizhinjam.
During the commencement of the port by Adani on December 5, 2015, Gautam
Adani had announced that the first ship will berth there on September 1, 2018,
in a record time of less than 1,000 days.
Inked during the Congress-led UDF government under Chief Minister
OommenChandy (2011-16), the work for the port began at the fag end of
Chandy’stenure, but after the PinarayiVijayan government took over, due to
numerous reasons, the pace could not be followed.
After cyclone Ockhi hit the construction site in 2017, a portion of the
constructed breakwater was washed away and since then the shortage of
limestone, the most important raw material for the project, caused yet another
delay.
The total cost of the port project is Rs 7,525 crore for which the state
government has contributed 500 acres of land besides contributing to viability
gap funding.Even though the authorities now say that the first mother ship will
berth in September, last year the State Ports Minister AhamedDevarkovil had
said that the first ship will berth in March 2023 and the first phase of the
port would be commissioned in 2023 September.
According to the
agreement, Adani will operate the port for 40 years, extendable by 20 more
years, while the state government will get a portion of the revenue from the
port after 15 years. The state which has also contributed to the viability gap funding of the
project along with the centre will not get any returns from the project for
fifteen years.