The Jawaharlal Nehru Port Authority (JNPA) announced that it has signed multiple memorandums of understanding (MoUs) worth over Rs 2.2 trillion, focusing on infrastructure development, financial collaboration, and technological advancement at both the Jawaharlal Nehru Port (JN Port) and the upcoming Vadhvan Port.

Among the major signings, Adani Ports and Special Economic Zone (APSEZ) inked two MoUs — one worth Rs 265 billion for participation in offshore projects at Vadhvan Port and another worth Rs 250 billion for developing container terminals.

The Indian Railway Finance Corporation (IRFC) signed an MoU valued at Rs 200 billion to provide financial support for the Vadhvan Port project. Additionally, Taiwanese shipping firm Evergreen Marine and UAE-based port operator Gulftainer Company pledged Rs 100 billion and Rs 40 billion, respectively, to participate in terminal development at Vadhvan.

With five container terminals, JNPA is India’s largest container port, boasting a capacity of over 10.1 million TEUs. It handled a record 7.3 million TEUs in FY25.

Other major partnerships include:

Housing and Urban Development Corporation (HUDCO): Rs 50 billion for financing and developing infrastructure at JN Port.

Dredging Corporation of India (DCI): Rs 15 billion for dredging collaborations at Mumbai and JN ports.

Indian Port Rail and Ropeway Corporation (IPRCL): Rs 3 billion to supply two green tugs to JNPA.

Global marine contractor Boskalis International BV signed an MoU worth Rs 265 billion for developing and maintaining reclaimed land at Vadhvan Port, while Aegis Logistics will invest Rs 200 billion to establish a multi-cargo terminal handling containers, bulk, and liquid cargo.

Bhilosa Industries will invest Rs 150 billion to develop infrastructure supporting marine services, intermodal connectivity, and sustainability projects. NMDC and Afcons Infrastructure will each construct offshore breakwaters for the Vadhvan project, valued at Rs 65 billion apiece.

Additional MoUs were signed with:

NCC: Rs 265 billion

Wan Hai Lines (Taiwan): Rs 200 billion

Hindustan Construction Company: Rs 65 billion

Savita Oil Technologies: Rs 15 billion

Cemindia Project: Rs 65 billion

Container Corporation of India (CONCOR): Rs 5 billion

The Vadhvan Port, being developed in Maharashtra’s Dahanu (Palghar) district, will be an all-weather, deep-draft greenfield port, and once operational, is expected to rank among the top 10 ports globally.

JNPA Chairperson Gaurav Dayal said the MoUs, signed during India Maritime Week 2025, represent a major leap towards building sustainable, efficient, and globally competitive port infrastructure. “These partnerships will strengthen India’s maritime sector and position JNPA and Vadhvan as key trade gateways in the global supply chain,” he added.