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CAG report on Vizhinjam deal will be examined seriously: Pinarayi

  • CM Pinarayi said the agreement between the government and Adani Group will be examined in detail
  • The CAG report had mentioned that the Vizhinjam port deal is against the interests of the state
  • CPM veteran VS Achuthanandan had demanded a white paper from the government on the project 
  • It was in 2015 that the UDF government inked the agreement for Vizhinjam project with Adani Group
CAG report Vizhinjam port deal examine seriously cm Pinarayi

Kerala Chief Minister Pinarayi Vijayan has said that the Comptroller and Auditor General (CAG) report tabled in connection with the Vizhinjam international seaport project agreement must be viewed seriously. 

The report will be examined and the agreement between the government and Adani Group will be looked into in detail. Further steps will be taken afterwards if needed, Pinarayi said during the question hour in the Assembly on Wednesday.

Also read: Vizhinjam deal: Adani Group set to earn Rs 29,217 crore extra, says CAG

The CAG report had mentioned that the agreement signed between the previous UDF government and Adani Group for the project, which is estimated at around Rs 7,525 crore, is against the interests of the state. In the report submitted in the state Assembly, the CAG pointed out that from the decision to extend the contract period of the project from 30 to 40 years, Adani Group would gain an extra income to the tune of Rs 29,217 crore.

The report came a day after CPM veteran and former Chief Minister VS Achuthanandan demanded a white paper from the ruling LDF government on the Vizhinjam agreement. The leader had also alleged corruption in the deal. 

Also read: Alleging corruption, VS demands white paper on Vizhinjam port deal

It was in 2015 that the UDF government inked the agreement for Vizhinjam project with Adani Group, which was the lone bidder.

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