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The Economic Times
The Economic Times

Pinarayi Vijayan tears into Adani group over Vizhinjam port share transfer without govt nod

Pinarayi Vijayan Adani MSC VD Satheesan Adani Ports Kerala Foreign Investment the Kerala Assembly

Thiruvananthapuram: Leader of Opposition in the Kerala Assembly Pinarayi Vijayan on Thursday questioned how the Adani group could "dare" to enter into an agreement to sell its 49 per cent stake in the Vizhinjam international seaport without the mandatory prior permission of the state government.

Vijayan, at a press conference here, said that according to the agreement between company and the government regarding the port, sale of 25 per cent stake in Adani Vizhinjam Port Private Limited (AVPPL) was permitted subject to prior permission of the state administration.

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