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The Hindu·3 min read·medium

LDF govt. waived ₹219-cr. penalty on Adani Group for Vizhinjam port delay, says Satheesan

T
The Hindu Bureau
LDF govt. waived ₹219-cr. penalty on Adani Group for Vizhinjam port delay, says Satheesan
AI Summary

Kerala opposition leader V.D. Satheesan has accused the LDF government of waiving a ₹219-crore penalty owed by the Adani Group for delays in the Vizhinjam port project. The government extended the construction deadline by five years, a move Satheesan claims was unjustified and potentially linked to a deal regarding the port's stake sale.

Chief Minister V.D. Satheesan on Wednesday asked the Left Democratic Front to explain why the government led by it had waived a penalty of ₹219 crore liable to be paid by the Adani Group for the delay in constructing the Vizhinjam port.

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LDF govt. waived ₹219-cr. penalty on Adani Group for Vizhinjam port delay, says Satheesan — Headlinne — headlinne