+
Major port to come up at Vadhavan in Maharashtra
Real Estate

Major port to come up at Vadhavan in Maharashtra

The Union Cabinet, chaired by Prime Minister Narendra Modi, has given its in-principle approval for setting up a major port at Vadhavan near Dahanu in Maharashtra. The total cost of the project is likely to be Rs 655.44 billion.

Vadhavan port will be developed on the “land lord model”, said a PIB release. A special purpose vehicle (SPV) will be formed with Jawaharlal Nehru Port Trust (JNPT) as the lead partner with equity participation equal to or more than 50 per cent to implement the project. The SPV will develop the port infrastructure including reclamation, construction of breakwater, besides establishing connectivity to the hinterland. All the business activities would be undertaken under PPP mode by private developers.

The position of JN Port, the biggest container port in India, is 28th in the world – with a traffic of 5.1 million TEUs (Twenty-Foot Equivalent Units). Even after the completion of the fourth terminal at JN Port with a capacity increase up to10 million TEUs by 2023, it will stand as the 17th largest container port in the world. With the development of Vadhavan port, India will break into the countries with top 10 container ports in the world.

Maharashtra has India's largest container port at JNPT, which caters to the hinterland of Maharashtra, North Karnataka, Telangana and secondary hinterland of Gujarat, Madhya Pradesh, Rajasthan, NCR, Punjab and Uttar Pradesh. There is a need for a deep draft port that will accommodate the largest container ships in the world and also cater to the spill over traffic from JNPT port once its planned capacity of 10 million TEUs is fully utilised. JNPT and Mundra, the two largest container handling ports of the country (for mid size container ships only), have drafts of 15 M and 16 M respectively, while the world's largest container handling modern deep draft ports require a draft of 18 M-20 M. The Vadhavan port has a natural draft of about 20 m close to the shore, making it possible for it to handle bigger vessels at the port. Development of Vadhavan port will enable call of container vessels of 16,000-25,000 TEUs capacity, giving advantages of economies of scale and reducing logistics cost, said the PIB release.

The ever increasing size of container ships makes it imperative that a deep draft container port in West Coast of India is developed. Increasing containerisation of cargo in the wake of value-added manufacturing sector makes it important to prepare our port infrastructure for handling value-added import and export to facilitate manufacturing activity. Container traffic in the JNPT hinterland is expected to grow from 4.5 MTEUs currently to 10.1 MTEUs by 2022-25 when JNPT's potential will be fully exhausted. The demand for container traffic will further accelerate after the plans for improving logistic infrastructure fructify and the 'Make in India' push drives greater exports and manufacture sourcing to India.

The Union Cabinet, chaired by Prime Minister Narendra Modi, has given its in-principle approval for setting up a major port at Vadhavan near Dahanu in Maharashtra. The total cost of the project is likely to be Rs 655.44 billion.Vadhavan port will be developed on the “land lord model”, said a PIB release. A special purpose vehicle (SPV) will be formed with Jawaharlal Nehru Port Trust (JNPT) as the lead partner with equity participation equal to or more than 50 per cent to implement the project. The SPV will develop the port infrastructure including reclamation, construction of breakwater, besides establishing connectivity to the hinterland. All the business activities would be undertaken under PPP mode by private developers.The position of JN Port, the biggest container port in India, is 28th in the world – with a traffic of 5.1 million TEUs (Twenty-Foot Equivalent Units). Even after the completion of the fourth terminal at JN Port with a capacity increase up to10 million TEUs by 2023, it will stand as the 17th largest container port in the world. With the development of Vadhavan port, India will break into the countries with top 10 container ports in the world.Maharashtra has India's largest container port at JNPT, which caters to the hinterland of Maharashtra, North Karnataka, Telangana and secondary hinterland of Gujarat, Madhya Pradesh, Rajasthan, NCR, Punjab and Uttar Pradesh. There is a need for a deep draft port that will accommodate the largest container ships in the world and also cater to the spill over traffic from JNPT port once its planned capacity of 10 million TEUs is fully utilised. JNPT and Mundra, the two largest container handling ports of the country (for mid size container ships only), have drafts of 15 M and 16 M respectively, while the world's largest container handling modern deep draft ports require a draft of 18 M-20 M. The Vadhavan port has a natural draft of about 20 m close to the shore, making it possible for it to handle bigger vessels at the port. Development of Vadhavan port will enable call of container vessels of 16,000-25,000 TEUs capacity, giving advantages of economies of scale and reducing logistics cost, said the PIB release.The ever increasing size of container ships makes it imperative that a deep draft container port in West Coast of India is developed. Increasing containerisation of cargo in the wake of value-added manufacturing sector makes it important to prepare our port infrastructure for handling value-added import and export to facilitate manufacturing activity. Container traffic in the JNPT hinterland is expected to grow from 4.5 MTEUs currently to 10.1 MTEUs by 2022-25 when JNPT's potential will be fully exhausted. The demand for container traffic will further accelerate after the plans for improving logistic infrastructure fructify and the 'Make in India' push drives greater exports and manufacture sourcing to India.

Next Story
Real Estate

Shriram Properties Launches ‘Codename: The One’ in Bengaluru

Shriram Properties (SPL), a leading real estate developer focused on the mid-market and mid-premium segments, has announced the launch of its latest residential project under the banner “Codename: The One” in Bengaluru’s Electronic City corridor. This feature-rich gated community will offer 340 spacious 2- and 3-BHK residences, with a total saleable area of approximately 5 lakh square feet and an estimated revenue potential of over Rs 3.5 billion. The project is expected to be developed over a span of more than three years.  Strategically located near the Bommasandra Metro stat..

Next Story
Resources

India Warehousing Show 2025 Closes with Strong Global Presence

The 14th edition of the India Warehousing Show (IWS) 2025 concluded successfully at Yashobhoomi (IICC), Dwarka, drawing participation from over 300 exhibitors across 15 countries and welcoming 15,000+ visitors. Recognised as India’s leading platform for warehousing and logistics excellence, IWS 2025 offered a comprehensive display of cutting-edge automation, sustainable warehousing solutions, and next-gen supply chain technologies. The show was inaugurated by Shri Pankaj Kumar, Joint Secretary – Logistics, DPIIT, Ministry of Commerce and Industry, Government of India. In his opening a..

Next Story
Equipment

MHIET Launches 450kW Gas Cogeneration System with H₂ Co-Firing

Mitsubishi Heavy Industries Engine & Turbocharger (MHIET), part of the Mitsubishi Heavy Industries Group, has launched a new 450kW gas cogeneration system, the SGP M450, jointly developed with Toho Gas Co.,. The system supports hydrogen co-firing at up to 15 vol per cent, with no loss in performance or reliability.  The system is currently available in the Japanese market, and has been developed from the existing GS6R2 city gas engine platform. Key modifications were made to the fuel gas and engine control systems to enable hydrogen co-firing.   Verified through de..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?