THIRUVANANTHAPURAM: With the next development phases of the Vizhinjam port being completed by December 2028, the capacity will increase to 45 lakh containers per year. The expected revenue of Rs 54,750 crore over the 40-year contract period will increase to Rs 2,15,000 crore. The state government will get Rs 35,000 crore as revenue share. Rs 29,000 crore will be received in GST. There will also be an increase in corporate and direct income tax. It is estimated that the government will get Rs 48,000 crore in 36 years.

The government will receive revenue share from 2034. The remaining phases, which were to be completed in 2045, will be completed in 2028. The government was to receive revenue from the 15th year of the port's operation according to the first agreement. Due to the delay in construction, Adani was required to pay revenue share from 2039. The revenue will be received earlier according to the new agreement.

The minimum installed capacity of the port is 30 lakh containers per year. This will increase to 45 lakh by using automated systems. Vizhinjam will become the container terminal with the highest capacity in South India. Of the 365.10 crore VGF (Viability Gap Fund) to be given by the state government to Adani, 189.90 crore has been given. 175.20 crore will be given after all the phases are completed. 175.20 crore can be found through tax revenue on construction materials.

Amount Adani will be spending on next phase development: ₹10,000 crore
Expenditure for first phase: ₹8,867 crore
State government to bear: ₹5,595 crore
State spend so far: ₹2,159.39 crore
Adani to spend in first phase: ₹2,454 crore