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Centre to soon build major port worth Rs 21,000 crore in the southernmost tip of Tamil Nadu

Industry Construction

The Union government through SPV is planning a major port at Colachel in district Kanyakumari, Tamil Nadu. The Tamil Nadu state government has given its consent to the union government to facilitate developing the port. The port would be developed in three phases and it would take three years for completing the construction. Approximate cost of the project is around Rs.21000 crore.

Extracted from ET, Sep 03,’15

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