On Wednesday, Adani Ports and Special Economic Zone (APSEZ) said that it has got Kerala government’s approval for developing Rs 4,089 crore Vizhinjam International Deepwater Seaport project.

Adani Group said in a statement, the Ahmedabad-headquartered group, which already operates the country’s busiest port at Mundra in Gujarat, has received “Letter of Award” for developing the port.

It further added that the total project cost estimated by the Kerala government is Rs 4,089 crore and the time-frame for commissioning of project is 4 years which will be met by Adani Group based on its past execution record.

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