It seems like the multi-crore Vizhinjam Port is going to miss the November 1 deadline for starting the construction of the project.<\/p>\n
The reason for the delay is due to the enforcement of the model code of conduct for the local body elections.<\/p><\/blockquote>\n
The reason for the delay is due to the enforcement of the model code of conduct for the local body elections. The plan now is to start construction in the first week of December, after the code of conduct gets lifted. Port Minister K Babu said that the state government has not taken any formal decision in this regard yet.<\/p>\n
\u201cThere was an opinion that the date should be advanced to October 2, but that was seen as impractical as a lot of preliminary work has to be done before construction starts,\u201d said A S Suresh Babu, CEO of government-run Vizhinjam International Seaport Ltd (VISL) to Indian Express.<\/p>\n
Sources said that Adani Group is comfortable with the postponement of the deadline. Under the concession agreement, Adani has four years\u2019 time to complete construction of Phase I which is more than enough. Earlier, Adani Group Chairman Gautam Adani had said that his company expected to complete the construction of phase I in \u201cless than 1,000 days.\u201d<\/p>\n
Currently, the Special Purpose Vehicle formed by the Adani Group is in the process of organising the sub-contracts and opening city offices.<\/p>\n","protected":false},"excerpt":{"rendered":"
It seems like the multi-crore Vizhinjam Port is going to miss the November 1 deadline for starting the construction of the project. The reason for the delay is due to the enforcement of the model code of conduct for the local body elections. The reason for the delay is due to the enforcement of the […]<\/p>\n","protected":false},"author":44,"featured_media":22415,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32,4],"tags":[324],"class_list":["post-24013","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-city-news","category-general","tag-vizhinjam"],"_links":{"self":[{"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/posts\/24013"}],"collection":[{"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/comments?post=24013"}],"version-history":[{"count":0,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/posts\/24013\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/media\/22415"}],"wp:attachment":[{"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/media?parent=24013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/categories?post=24013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/tags?post=24013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}