+
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.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code