-8.15 (-0.57%) Adani Ports and Special Economic Zone (APSEZ) has signed an agreement with the Kerala government for building Rs 7,525 crore Vizhinjam seaport project, which is expected to be operational in a record time of less than 1,000 days. The company has already initiated the planning and engineering work on this project and will kick off full-fledged construction on November 1, 2015, which happens to be Kerala's foundation day. Vizhinjam is the 8th port that the Adani Group is going to build in India.
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.