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From Adani to Vedanta, global giants drop anchor in Thoothukudi Port race

Adani, Vedanta, DP World among key players vying for Rs 7K crore project; bids to open on February 11, first phase set to sail by 2028

Thoothukodi
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The project will be developed in two phases, with a concession period of 45 years instead of the usual 30 years. (File Image)

Shine Jacob Chennai
A day after Tesla’s global rival VinFast identified VO Chidambaranar (VOC) Port in Thoothukudi as key to its $2 billion manufacturing unit plans in India, sources revealed that a Rs 7,056 crore outer harbour project at the port is drawing interest from both domestic and global industry leaders. The first phase of the project is expected to be operational by 2028.
 
According to a source familiar with the development of the outer harbour container terminal project, global players such as Adani Ports and Special Economic Zone, DP World, Jan De Nul, the Anil Agarwal-led Vedanta group, JM Baxi, and Dakshin