Sunday 30 06 2024 08:55:47 PM

Office Address

123/A, Miranda City Likaoli Prikano, Dope

Phone Number

+0989 7876 9865 9

+(090) 8765 86543 85

Email Address

info@example.com

example.mail@hum.com

JNPA held a Press Meet on the Cabinet Approval of Vadhavan Port in Maharashtra
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval for setting up a Major Port at Vadhvan near Dahanu in Maharashtra by Vadhvan Port Project Limited (VPPL) an SPV formed by Jawaharlal Nehru Port Authority (JNPA) and Maharashtra Maritime Board (MMB) with a shareholding of 74% and 26% respectively
Dr.G.R.Balakrishnan Jun 22 2024 Indian Ports News

JNPA held a Press Meet on the Cabinet Approval of Vadhavan Port in Maharashtra

The Vadhvan Port will be developed as an all-weather Greenfield deep draft Major Port at Vadhvan, Palghar District, Maharashtra on ‘Land Lord’ model.

Speaking on this momentous occasion, Chairman of Jawaharlal Nehru Port Authority, Unmesh Sharad Wagh commented, “The project will be implemented by Vadhvan port Project Limited a SPV of JNPA and MMB. We express our sincere gratitude to Hon’ble Union Minister Shri Sarbananda Sonowal, Ministry of Ports Shipping and Waterways, and Hon’ble Secretary Shri T K Ramachandran, Ministry of Ports Shipping and Waterways for their leadership and guidance for charting the course of the port.”

 The total project cost, including the component of land acquisition, is ₹ 76,220 Cr. This will include core infrastructure, Terminals and other commercial infrastructure in PPP Mode and The Port infrastructure comprises of 9 container terminals, each of 1000 meters length, 4 multipurpose berths, 4 liquid cargo berths, a Ro-Ro berth, a coastal cargo berth and a Coast Guard berth. The project involves reclamation of 1,448 hectares in offshore area and construction of 10.14 kms of breakwater, container/cargo storage areas.  The cabinet also approved the establishing road connectivity between the Port and National Highways by MoRTH and rail linkage to existing rail network and the upcoming Dedicated Rail Freight Corridor by MoR.

India’s trade policies and the maritime transport sector developments have esulted in high growth of containerization in the country. India’s maritime sector is set to transform with a comprehensive roadmap launched during the Global Maritime India Summit. The Amrit Kaal Vision 2047, formulated by the Ministry of Ports, Shipping & Waterways, builds on the Maritime India Vision 2030 and aims to develop world-class ports and promote inland water transport, coastal shipping, and a sustainable maritime sector. 

At the heart of this project lies a commitment to environmental stewardship. The development of the Vadhvan port is envisaged as a “greenfield” initiative, emphasizing sustainable practices and minimal disruption to local ecosystems.