Centre to build major port in Tamil Nadu at a cost of Rs. 21,000 crore

The Centre would soon build a major port at Colachel in the southernmost tip of Tamil Nadu at an estimated cost of Rs. 21,000 crore, envisaged to emerge as a southern gateway of transshipment in the country.

Coming close on the heels of the Vizhinjam International Deepwater Multipurpose Seaport in Kerala to be developed by the Adani Group, about Rs. 21,000 crore would be spent to establish the Colachel port at Kanniyakumari district in neighbouring Tamil Nadu.

Briefing newspersons here, union minister of state for shipping Pon Radhakrishnan today said, government of Tamil Nadu has given its consent to the Centre to facilitate developing the port.

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