Maharashtra Maritime Board explores PPP to build Vadhawan Port
ROADS & HIGHWAYS

Maharashtra Maritime Board explores PPP to build Vadhawan Port

An internal discussion on building a port at Vadhawan in Palghar district as a private porton public-private-partnership (PPP) basis has reportedly begun by Maharashtra Maritime Board (MMB). This follows delays in getting Central Government approval for the project as a major port helmed by Jawaharlal Nehru Port Trust (JNPT).

A Memorandum of Understanding (MoU) has been signed with the Maharashtra Government in June 2015, according to which JNPT is ready to implement the new port. However, it is yet to submit the project for environment clearance as the Central Government has not approved it. A cabinet approval is required for investing in the development of a new major port by the Central Government. Reportedly, the state government had agreed in the MoU that it will be a major port with JNPT, holding 74 per cent stake and MMB holding the balance equity.

Also, MMB, the state agency which is tasked with developing ports, has reportedly sought JNPT’s views on its thinking to develop Vadhawan as a private port and not as a joint venture between India’s biggest container port and MMB.

An internal discussion on building a port at Vadhawan in Palghar district as a private porton public-private-partnership (PPP) basis has reportedly begun by Maharashtra Maritime Board (MMB). This follows delays in getting Central Government approval for the project as a major port helmed by Jawaharlal Nehru Port Trust (JNPT).A Memorandum of Understanding (MoU) has been signed with the Maharashtra Government in June 2015, according to which JNPT is ready to implement the new port. However, it is yet to submit the project for environment clearance as the Central Government has not approved it. A cabinet approval is required for investing in the development of a new major port by the Central Government. Reportedly, the state government had agreed in the MoU that it will be a major port with JNPT, holding 74 per cent stake and MMB holding the balance equity.Also, MMB, the state agency which is tasked with developing ports, has reportedly sought JNPT’s views on its thinking to develop Vadhawan as a private port and not as a joint venture between India’s biggest container port and MMB.

Next Story
Infrastructure Energy

South West Pinnacle Wins Rs 30 Cr Oman Mining Contract

South West Pinnacle Exploration Ltd has secured a Rs 30 crore contract from Minerals Development Oman (MDO) for mining exploration in concession areas 12B and 13.The two-year project will be carried out via Alara Resources LLC, a JV in Oman. MDO, backed by Oman’s investment authorities, focuses on monetising mineral wealth.The contract covers copper, gold, and chromite and highlights South West Pinnacle’s growing footprint in international exploration and mining services. ..

Next Story
Equipment

Godrej GEG Boosts Intralogistics with AI and Green Tech

Godrej Enterprises Group (GEG) is revolutionising warehouse and factory logistics through its Material Handling Equipment and Storage Solutions arms by integrating AI, IoT, and automation.With 20–25% market share and 85% local sourcing, GEG champions Atmanirbhar Bharat and sustainability. The Chennai plant, a green manufacturing leader, uses RoHS-compliant materials and has slashed energy consumption by 60%.GEG serves e-commerce, FMCG, retail, and cold chains with high-performance racking and electric forklifts. Upcoming IoT-enabled forklifts and telematics solutions aim to improve speed, sa..

Next Story
Infrastructure Urban

Amit Shah Inaugurates Key Projects Across Gujarat

Union Home Minister Amit Shah inaugurated and laid the foundation stone for various projects in Gujarat’s Panchmahal district and Ahmedabad.In Godhra, he inaugurated the Center of Excellence building, sports complex, reservoir, and Miyawaki plantation. In Ahmedabad, he unveiled a new cooperative complex in Adaroda village and a primary school in Juwal.These projects, under the Model Co-op Village scheme, aim to boost education, sustainability, and rural development across the state. ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?