After Vizhinjam project, the Kerala government is all set to develop the port at Ponnani through a Rs 1,000 crore private investment. Chennai-based Malabar Ports would be taking up its development work. The government has acquired 29.3 acres of land to be leased for a period of 33 years to the company, the price of the land being the governmentÃÂīs share in the project. The foundation stone would be laid by the end of July or early August. The port is being developed for bulk cargo export from Malabar and Tirupur areas.
FlashNews:
Geospatial Workforce Expansion Critical to Viksit Bharat Vision: Experts
Agrivoltaics: States Court Investors as Farm-Solar Adoption Accelerates
Sonowal Urges Polish Firms to Build and Invest in India as Strategic Ties Deepen
Indian Railways Records Highest-Ever Coal Loading Growth in October
Climate Fund responsAbility Investment Fuels Navitasâ Solar Manufacturing Expansion
Air India Begins Construction of Advanced MRO Facility at Delhi Airport
TVS ILP Leases 80,000 Sq Ft Visakhapatnam Warehouse to Yokohama Groupâs ATC Tires
Viasat Names Six Finalists for Space for Good India Challenge 2026 Finals
India Prepares Mega Agrivoltaics Push as Farmland Solar Potential Surpasses 2050 Power Demand
From Jaipur to Russia: RUSAL Opens New Opportunities for Indian Workers
Sovereign Cloud Emerges as Indiaâs AIâReady Digital Foundation
Shivalaya Construction Secures ERESâ47 Transmission SPV for Eastern Grid Expansion from RECPDCL
Indiaâs Open Mobility Pioneer Takes Its RideâHailing Model to Europe
NTPC, Africa50 Join Forces to Develop Power Projects Across Africa
NHAI Introduces Independent Design Checks for Major Bridges and Critical Highway Structures
SITA to Acquire Collins Aerospace Airport Solutions, Expanding Global Airport Technology Capabilities
RITES Dispatches First 18âCoach Rake to Bangladesh Railway under Export Contract
AM/NS India Signs Pact to Upgrade Four ITIs in Andhra Pradesh under PMâSETU
KONE Opens Indiaâs First Digital Experience Centre in Pune to Drive Smart Building Innovation
Home » Rs.1,000 cr private investment to develop Ponnani port
Rs.1,000 cr private investment to develop Ponnani port
Ports & Shipping
July 1, 2015July 1, 2015
Leave a Reply
You must be logged in to post a comment.