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Bharat Aawaz
Vizhinjam Port Stake Transfer Subject to State Approval
The Kerala government has clarified that any transfer of equity in the Vizhinjam International Seaport project, including the proposed acquisition of a 49% stake by MSC in the port operated by Adani Ports, will require prior approval from the state under the terms of the concession agreement.
The move underscores the strategic importance of the Vizhinjam Port project and reinforces the state's oversight in major infrastructure investments that are expected to enhance trade, logistics, and economic growth.
