Kerala Cabinet Approves 230 Acres Land Acquisition for Vizhinjam Port Development

Thiruvananthapuram: The Kerala Cabinet has approved the acquisition of 230 acres of land for the allied development works of the Vizhinjam International Seaport in Thiruvananthapuram.

The land will be acquired under the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 at an estimated cost of about ₹810 crore. The acquisition will cover areas in Kottukal, Maranalloor and Amaravila.

The cabinet also approved a funding plan for the acquisition. Around ₹283.68 crore will be utilised from the funds available in the PSTSB account of the project company, while the remaining amount will be sourced from an already sanctioned loan from the National Bank for Agriculture and Rural Development (NABARD).

The acquired land will be used for port-led industrial development and related infrastructure projects. The government has authorised Vizhinjam International Seaport Limited (VISL) to implement all activities connected with the port-led industrialisation on the 230-acre land parcel.