Adani Group’s Vizhinjam port stake sale: Keralam Assembly records contradict State’s claim of being kept in the dark
Assembly records in Kerala reveal that the Adani Group informed the state government of its plan to divest a 49% stake in the Vizhinjam port project, contradicting the Chief Minister's previous claims that the state was kept in the dark. The Chief Minister confirmed this in a written reply to an unstarred question in the Assembly.
Why it matters
This highlights a political controversy regarding transparency and government oversight of major infrastructure projects involving private corporations.
Adani Group’s Vizhinjam port stake sale: Keralam Assembly records contradict State’s claim of being kept in the dark left A view of the Vizhinjam port (file) Nirmal Harindran Nirmal Harindran https://th-i.thgim.com/public/news/national/kerala/5mv7zd/article71595813.ece/alternates/FREE_1200/IMG_NH02Vizhinjam07_2_1_4NFMVJI0.jpg Records show Adani Vizhinjam Port Private Limited had informed the State in advance of its plan to divest 49% stake in the port company. Replying to an unstarred question in Assembly, Chief Minister V. D. Satheesan himself revealed this THIRUVANANTHAPURAM Although the Keralam government had been maintaining that the Adani Group initiated its proposal to sell its stake in Adani Vizhinjam Port Private Limited (AVPPL) without informing it, Assembly records show that the company had informed the State in advance of its plan to divest a 49% stake in the port company. Replying to an unstarred question in the Assembly recently, Chief Minister V. D. Satheesan himself revealed this. Communist Party of India (Marxist) [CPI(M)] legislators G.
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