https://www.taxtmi.com/news?id=41301 A tripartite Memorandum of Understanding provides Viability Gap Funding to complete the first phase of the Vizhinjam port after arbitration was avoided; the negotiated arrangement schedules government revenue sharing under the new agreement when revenue sharing provisions commence. Construction of all phases is to be completed by 2028, with the developer financing further phase costs and delivering a minimum installed capacity target once construction finishes, contingent on completion of road and rail connectivity to realise the port's transshipment and freight potential. en-us Thu, 17 Apr 2025 21:46:03 +0530 Thu, 17 Apr 2025 21:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=41301 A tripartite Memorandum of Understanding provides Viability Gap Funding to complete the first phase of the Vizhinjam port after arbitration was avoided; the negotiated arrangement schedules government revenue sharing under the new agreement when revenue sharing provisions commence. Construction of all phases is to be completed by 2028, with the developer financing further phase costs and delivering a minimum installed capacity target once construction finishes, contingent on completion of road and rail connectivity to realise the port's transshipment and freight potential. News - Thu, 17 Apr 2025 21:46:03 +0530 https://www.taxtmi.com/news?id=41301