Adani Ports and Special Economic Zone Ltd.

Adani Ports and Special Economic Zone (APSEZ) has received the letter of award (LoA) for the mega Vizhinjam port project from the Kerala government. The LOA was issued on the basis of the June 10 Cabinet decision to accept the sole bid submitted by APSEZ that was recommended by the board of Vizhinjam International Seaport (VISL), a special purpose vehicle set up to execute the project, and the five-member empowered committee. The LoA requires the Adanis to execute the concession agreement within 45 days of its receipt and furnish the performance security.

Adani Ports and Special Economic Zone is the country's largest private multi-port operator and part of the Adani Group, a global integrated infrastructure player.