Tag: Finance & Corporate Affairs

Letter to the Minister for Finance & Corporate Affairs

Dear Shri. Arun Jaitelyji,

As you are aware that Government of Kerala is developing a Deep water International Container Transshipment Terminal at Vizhinjam, near Thiruvanathapuram through Public Private Partnership on BOT basis. Government of Kerala has executed Concession Agreement with Adani Vizhinjam Ports Private Ltd (AVPPL) for the development of Vizhinjam Project, which is expected to become a landmark in the development scenario of the State of Kerala and the work is progressing as scheduled.

Kerala being one of the most populous States in the Country, for speedy and hassle free acquisition, the land required for development of the Port was acquired through negotiated purchase in which land value was fixed by a committee under the Chairmanship of the District Collector, after issuing Notification under Land Acquisition Act 1894. (more…)