Abstract
Government of Kerala, through its special purpose vehicle (SPV) - Vizhinjam International Seaport Ltd (VISL), intended to develop a deep-water Multipurpose Greenfield Port at Vizhinjam in Thiruvananthapuram, capital city of Kerala. After a decade of planning and several failed attempts, the proposed project was being offered for bidding as a Public Private Partnership Project (PPP) on a design, build, finance, operate and transfer (DBFOT). While the project was not financially viable it offered reasonable economic returns. The project was therefore being supported by a Viability Gap Funding and Port Estate development. Adani Ports, a major private sector port developer and operator was considering bidding for the project.
Additional Information
| Product Type | Case |
|---|---|
| Reference No. | F&A0542 |
| Title | Vizhinjam International Seaport Ltd (VISL) |
| Pages | 23 |
| Published on | Mar 26, 2019 |
| Year of Event | 2013 |
| Authors | Sinha, Sidharth; |
| Area | Finance and Accounting (F&A) |
| Discipline | Finance, Public Policy and Law |
| Sector | Infrastructure, Public Sector |
| Learning Objective | Role of Public Private Partnership is financially non viable projects . Financial and economic analysis of a port project. |
| Keywords | Public Private Partnership; Port Infrastructure |
| Country | India |
| Access | For All |
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