Vadhavan Port project gets green light

The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved construction of a major deep sea port at Vadhavan near Dahanu in Maharashtra, India.

According to the goverment, the Project will be constructed by Vadhavan 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.

The project includes development of core infrastructure, terminals and other commercial infrastructure in public-private partnerships (PPP) mode.

The new port will comprise nine container terminals, each 1000 meters long, four multipurpose berths, including the coastal berth, four liquid cargo berths, a Ro-Ro berth, and a Coast Guard berth.

The project also involves the reclamation of 1,448 hectares of area in the sea and the construction of 10.14 km of offshore breakwater and container/cargo storage areas.

Overall, the project will create a cumulative capacity of 298 million metric tons (MMT) per annum, including around 23.2 million TEUs (Twenty-foot equivalents) of container handling capacity.