Thiruvananthapuram - The Vizhinjam International Seaport Limited has initiated a major expansion drive by signing three strategic Memorandums of Understanding (MoUs) aimed at strengthening the port’s position as a global maritime gateway.
VISL CEO Sreekumar K Nair said the first phase of auxiliary infrastructure projects will involve an investment of around ₹800 crore, to be executed through public-private partnership (PPP) models.
As part of the expansion, VISL has signed anMoU with Indian Oil Corporation Limited to establish a dedicated oil bunkering facility for refuelling cargo vessels. The project, which will require approximately 20 acres . . .
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