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LDF govt. waived ₹219-cr. penalty on Adani Group for Vizhinjam port delay, says Satheesan

He says the concession agreement had a clause which required the Adani Group to pay ₹12 lakh per day to the government in the event of delays. For five years, the penalty comes to ₹219 crore

The HinduThe Hindu
Published: 15 July 2026
He says the concession agreement had a clause which required the Adani Group to pay ₹12 lakh per day to the government in the event of delays. For five years, the penalty comes to ₹219 crore

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