Kerala government to acquire 230 acres of land worth Rs 810 cr for Vizhinjam port-related development

The Kerala government will acquire 230 acres for the Vizhinjam International seaport. This land acquisition will cost approximately Rs 810 crore. The decision was made in a cabinet meeting. Funds will come from the PSTSB account and a NABARD loan....

Vizhinjam port, Kerala
Thiruvananthapuram: The Kerala government has decided to acquire 230 acres of land, at a cost of around Rs 810 crore, for development activities related to the Vizhinjam International seaport.

The decision was taken in a cabinet meeting chaired by Chief Minister Pinarayi Vijayan on Friday, a statement issued by his office said.

Also Read: Kerala inks MoUs with central PSUs for Rs 2,000 cr Vizhinjam International Seaport project


The land will be acquired in Kottukal, Maranallur and Amaravila areas here, under the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (LARR Act), it said.

It also said that the cabinet has approved utilisation of Rs 283.68 crore from the Plan Scheme Treasury Saving Bank (PSTSB) account of Vizhinjam International Seaport Ltd (VISL) for the acquisition of the land.

The remaining amount will be taken from the currently approved NABARD loan, the cabinet decided, according to the statement.
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The cabinet has also permitted VISL to carry out all the activities related to the port-led industrialisation on the 230 acres of land to be acquired, the statement said.

Also Read: Adani Ports to invest Rs 16,000 cr in Vizhinjam Seaport phase 2 development

Besides that, the cabinet also decided to formulate a policy for the safety and rehabilitation of street children in the state, it said.

The decision was taken in light of an order issued by the Supreme Court in 2022 regarding the protection of street children.
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The cabinet meeting approved a comprehensive outline of matters, including providing identity documents to ensure the safety, protection and health of street children, the statement said.
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