The decision was based on the recommendation of the high level panel on the project, headed by the state Chief Secretary in the wake of negotiations with Welspun Infratech failing over the issue of state grants for the mega project.
Chief Minister Oommen Chandy, during his weekly cabinet briefing, said the Engineering, Procurement and Construction (EPC) tender for the project would be floated afresh.
Vishinjam has been a dream project of Kerala, waiting to take off for long. Often in the past, the project had run into rough waters for one reason or other after progressing into the advance stages.
Located in the capital district in south Kerala, Vizhinjam coast is said to have all the natural advantages for developing into a major deep sea project.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app