News Brief
Arjun Brij
Aug 19, 2025, 04:03 PM | Updated 04:03 PM IST
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After years of uncertainty, the Mumbai Port Authority (MbPA) has revived its long-delayed Marina Project, issuing a fresh global tender and setting a January 2029 deadline for completion, according to a Free Press Journal report.
The move comes soon after the successful commissioning of the Mumbai International Cruise Terminal (MICT), billed as the country’s largest.
Planned across 12 hectares of sea area, the facility will be able to host 424 yachts of varying sizes, making it India’s first full-scale international-standard marina.
While the project was originally conceived under the Public-Private Partnership (PPP) model, private sector participation remained muted.
MbPA has now chosen to fund the venture through its own investment of around Rs 450 crore. Once operational, the facility will be managed by an Operation & Maintenance (O&M) partner.
The chosen O&M contractor will be expected to bring in a further Rs 400 crore to develop 4.2 hectares of onshore infrastructure, which will include a modern clubhouse, yacht repair yards, fuel and water bunkering facilities, as well as a luxury hotel and restaurant aligned with global marina benchmarks.
The engineering procurement and construction (EPC) tender is open until 15 October, with work scheduled to begin in January 2026, pending statutory approvals.
Despite India’s 11,000 km coastline, the country lacks marinas of global standard.
Yacht owners have long highlighted the inadequacy of current berthing options, particularly the mooring arrangements off the Gateway of India, which provide no comparable facilities.
The Marina Project is therefore being viewed as a significant step in positioning Mumbai as a destination for high-end nautical tourism and leisure.
Arjun Brij is an Editorial Associate at Swarajya. He tweets at @arjun_brij