Vadhvan Port construction begins with tender for reclamation, protection
25 Oct 2024
2 Min Read
CW Team
Vadhvan Port Project has invited bids for near-shore reclamation and shore protection works, valued at Rs 17 billion, under an engineering, procurement, and construction (EPC) contract. This marks the initial phase of constructing a new deep-water major port at Vadhvan, located near Dahanu in Maharashtra鈥檚 Palghar district.
The massive port project, with an estimated cost of Rs 762.20 billion, will be developed on 1,448 hectare of reclaimed land.
Unmesh Wagh, Chairman of Jawaharlal Nehru Port Authority, mentioned that they plan to create nearly 200 hectares of land close to the shore, which will serve as the starting point for offshore activities like breakwater and reclamation. He explained that all subsequent work would commence from this area, which will also serve as a hub for future operations. Once the offshore works are complete, the reclaimed land will be utilized as a storage yard for containers, constructing tank farms, and laying railway lines, among other uses.
Vadhvan Port Project is a joint venture between Jawaharlal Nehru Port Authority, holding a 74 per cent stake, and Maharashtra Maritime Board, with 26 per cent equity, established to oversee the Vadhvan Port development. The essential infrastructure for the deep-water port鈥攕uch as dredging, reclamation, shore protection, breakwater construction, approach trestle, and connectivity via rail and road鈥攔equires an investment of Rs 389.76 billion.
Of this, the dredging, offshore reclamation, and shore protection projects are set to be executed under a public-private-partnership (PPP) or Hybrid Annuity Model (HAM), estimated at Rs 206.47 billion.
The remaining core infrastructure will follow the EPC mode, while private operators selected by Vadhvan Port Project will contribute Rs 372.44 billion to cover the rest of the project's costs, including the construction of container terminals, multipurpose berths, coastal cargo berths, RO-RO facilities, and liquid berths.
Vadhvan Port Project has invited bids for near-shore reclamation and shore protection works, valued at Rs 17 billion, under an engineering, procurement, and construction (EPC) contract. This marks the initial phase of constructing a new deep-water major port at Vadhvan, located near Dahanu in Maharashtra鈥檚 Palghar district.
The massive port project, with an estimated cost of Rs 762.20 billion, will be developed on 1,448 hectare of reclaimed land.
Unmesh Wagh, Chairman of Jawaharlal Nehru Port Authority, mentioned that they plan to create nearly 200 hectares of land close to the shore, which will serve as the starting point for offshore activities like breakwater and reclamation. He explained that all subsequent work would commence from this area, which will also serve as a hub for future operations. Once the offshore works are complete, the reclaimed land will be utilized as a storage yard for containers, constructing tank farms, and laying railway lines, among other uses.
Vadhvan Port Project is a joint venture between Jawaharlal Nehru Port Authority, holding a 74 per cent stake, and Maharashtra Maritime Board, with 26 per cent equity, established to oversee the Vadhvan Port development. The essential infrastructure for the deep-water port鈥攕uch as dredging, reclamation, shore protection, breakwater construction, approach trestle, and connectivity via rail and road鈥攔equires an investment of Rs 389.76 billion.
Of this, the dredging, offshore reclamation, and shore protection projects are set to be executed under a public-private-partnership (PPP) or Hybrid Annuity Model (HAM), estimated at Rs 206.47 billion.
The remaining core infrastructure will follow the EPC mode, while private operators selected by Vadhvan Port Project will contribute Rs 372.44 billion to cover the rest of the project's costs, including the construction of container terminals, multipurpose berths, coastal cargo berths, RO-RO facilities, and liquid berths.
Next Story
3i Infotech Reports Rs 7.25 Bn Revenue for FY25
3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..
Next Story
Emerald Finance Joins Baya PTE to Boost SME Bill Discounting
Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..
Next Story
BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25
BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..
