Adani Ports to invest Rs 530 billion in Vadhavan project

30 Oct 2025 CW Team

Gautam Adani-led Adani Ports and Special Economic Zone (APSEZ) has expressed intent to participate in projects worth Rs 530 billion at the upcoming Vadhavan Port near Mumbai.

The company has signed two memoranda of understanding (MoUs) with the government-run Jawaharlal Nehru Port Authority (JNPA), the majority stakeholder in the deep-draft port being developed in the Arabian Sea off Maharashtra’s Palghar district.

The first MoU, signed by APSEZ Chief Executive and Whole-Time Director Ashwani Gupta, outlines the company’s interest in offshore works valued at Rs 265 billion. The second MoU affirms APSEZ’s intent to develop a container terminal of similar scale, also worth Rs 265 billion.

JNPA Chairman Unmesh Wagh said the Vadhavan Port, expected to rank among the world’s top ten ports by capacity from the outset, will feature nine container terminals, with the Adani Group expressing interest in one.

He added that the company is also keen to participate in offshore works, such as constructing a breakwater. However, Wagh clarified that the MoUs merely represent an expression of interest, and APSEZ will need to participate in formal bidding processes for each project component.

Currently, JNPA holds a 76 per cent stake in the Vadhavan Port project, while the remaining 24 per cent is owned by the Maharashtra Maritime Board.

JNPT, India’s largest container port, handled 7.3 million TEUs in FY25. Meanwhile, Adani Group’s Mundra Port remains the country’s largest by overall cargo volume.

The Vadhavan Port MoUs come a day after APSEZ announced an investment of Rs 425 billion to expand Maharashtra’s Dighi Port, underscoring the group’s growing focus on strengthening India’s maritime infrastructure.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..