Rs 76,220 Crore Vadhavan Port Project: Bids For Core Infrastructure Including Offshore Land Reclamation Likely By September

Bids for developing core infrastructure, including offshore land reclamation, under a public-private partnership (PPP) model for Maharashtra’s Vadhavan port are expected to open before September.

“The bidding for core infrastructure, including offshore land reclamation, should go in less than six months,” an official stated, underscoring the urgency and ambition of this transformative project.

This ambitious all-weather greenfield deep major port, a critical link in the India Middle East Europe Economic Corridor (IMEEC), is set to boost India’s maritime capabilities.

With an estimated project cost of Rs 76,220 crore, Vadhavan will feature nine container terminals, each 1,000 metres long, alongside four multipurpose berths, four liquid cargo berths, a Ro-Ro berth, and a Coast Guard berth.

The port will reclaim 1,448 hectares of land from the sea and construct a 10.14-kilometre offshore breakwater.

The final infrastructure will support container and cargo storage, creating a total capacity of 298 million metric tonnes (MMT) per annum, including a staggering 23.2 million TEUs (Twenty-foot equivalents) of container handling capacity.

The capacities created are expected to significantly boost trade flow through IMEEC and the International North South Transportation Corridor (INSTC).

Vadhavan Port Project Limited (VPPL), a special purpose vehicle formed by JNPA (74 per cent stake) and the Maharashtra Maritime Board (26 per cent stake), received cabinet approval in June 2024.

The project aligns with the PM Gati Shakti programme, promising to stimulate economic activity and create direct and indirect employment for 1.2 million people, boosting local economies.

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