Timeline
- Sep 2005 - LOI Issued by GOP for Port Development at Karaikal
- Jan 2006 - Concession Agreement Signed
- May 2006 - Received MOEF Clearance for Phase 1
- Nov 2006 - Financial Closure for Phase 1 Achieved
- Feb 2007 - Final Tranche of Land Received
- Feb 2007 - Development for Phase 1 Commenced
- Mar 2009 - Phase 1 completed
- Apr 2009 – Karaikal Port Receives first Vessel
Read more about this topic: Karaikal Port