+
Adani to invest Rs 425 billion more in Maharashtra’s Dighi Port
PORTS & SHIPPING

Adani to invest Rs 425 billion more in Maharashtra’s Dighi Port

The Adani Group has committed to invest an additional Rs 425 billion in the Dighi Port project, located along Maharashtra’s coastal Konkan belt, government officials announced on Monday.

Adani Ports and Special Economic Zone (APSEZ)-run Dighi Ports signed a memorandum of understanding (MoU) with the Maharashtra government to undertake the expansion of the port and related infrastructure. This new commitment comes as part of a broader investment initiative by the state.

Chief Minister Devendra Fadnavis said the agreement is among 15 MoUs worth over Rs 560 billion signed during the opening day of the India Maritime Week. The deals cover a wide range of sectors including port expansion, shipbuilding, technology, and ancillary activities.

The Adani Group, led by Gautam Adani, India’s second-richest industrialist, had acquired the bankrupt Dighi Port project in 2021 through a Rs 7.05 billion bid, with an initial commitment of Rs 100 billion for expansion.

Fadnavis highlighted that these new investments will help Maharashtra move towards becoming a “maritime superpower” and improve integration with global supply chains. He also announced that the JSW Group will invest Rs 37.09 billion to expand its Jaigad port facility, while the Chowgule Group has pledged Rs 50 billion for shipbuilding and rig repair operations.

In addition, Synergy Shipbuilders will invest Rs 10 billion, and Goa Shipyard will contribute Rs 20 billion towards shipbuilding and repair activities.

The Maharashtra government is also planning to introduce a ‘water taxi’ service connecting the newly inaugurated Navi Mumbai Airport—operated by the Adani Group—with the Gateway of India in South Mumbai, making it the first airport in the country to offer such a service.

Plans are also underway to develop a state-of-the-art marina in Mumbai for water transport and sports, alongside partnerships to strengthen maritime education and technology. IIT Bombay has signed on to create training and skill development facilities for sector professionals.

Fadnavis assured investors of seamless cooperation with the Union government to create a world-class maritime ecosystem.

The Adani Group has committed to invest an additional Rs 425 billion in the Dighi Port project, located along Maharashtra’s coastal Konkan belt, government officials announced on Monday. Adani Ports and Special Economic Zone (APSEZ)-run Dighi Ports signed a memorandum of understanding (MoU) with the Maharashtra government to undertake the expansion of the port and related infrastructure. This new commitment comes as part of a broader investment initiative by the state. Chief Minister Devendra Fadnavis said the agreement is among 15 MoUs worth over Rs 560 billion signed during the opening day of the India Maritime Week. The deals cover a wide range of sectors including port expansion, shipbuilding, technology, and ancillary activities. The Adani Group, led by Gautam Adani, India’s second-richest industrialist, had acquired the bankrupt Dighi Port project in 2021 through a Rs 7.05 billion bid, with an initial commitment of Rs 100 billion for expansion. Fadnavis highlighted that these new investments will help Maharashtra move towards becoming a “maritime superpower” and improve integration with global supply chains. He also announced that the JSW Group will invest Rs 37.09 billion to expand its Jaigad port facility, while the Chowgule Group has pledged Rs 50 billion for shipbuilding and rig repair operations. In addition, Synergy Shipbuilders will invest Rs 10 billion, and Goa Shipyard will contribute Rs 20 billion towards shipbuilding and repair activities. The Maharashtra government is also planning to introduce a ‘water taxi’ service connecting the newly inaugurated Navi Mumbai Airport—operated by the Adani Group—with the Gateway of India in South Mumbai, making it the first airport in the country to offer such a service. Plans are also underway to develop a state-of-the-art marina in Mumbai for water transport and sports, alongside partnerships to strengthen maritime education and technology. IIT Bombay has signed on to create training and skill development facilities for sector professionals. Fadnavis assured investors of seamless cooperation with the Union government to create a world-class maritime ecosystem.

Next Story
Infrastructure Transport

MMRDA Installs 325-Tonne Steel Spans on Mumbai Metro Line 4

The Mumbai Metropolitan Region Development Authority (MMRDA) has achieved a key construction milestone on Metro Line 4 with the successful installation of three large steel spans at Bhandup West during overnight operations.The spans, together weighing 325 metric tonnes, were launched using eight heavy-duty cranes and 12 multi-axle vehicles. The operation required precise engineering and meticulous planning to minimise disruption in the densely populated suburban area.Due to effective inter-agency coordination, the work—originally scheduled across four nights—was completed within just two n..

Next Story
Infrastructure Transport

CMRL Targets March 2027 Opening for Vadapalani–Panagal Park

Chennai Metro Rail Limited (CMRL) is progressing as scheduled to open the Vadapalani–Panagal Park section of Phase II’s Corridor 4 by March 2027. The 3.5 km underground stretch is part of the 26.1 km Corridor 4 connecting Lighthouse with Poonamallee Bypass.Construction activities are advancing steadily, with tunnelling works between Vadapalani and Panagal Park already completed. Track-laying operations are expected to commence shortly. At Panagal Park station, structural works have reached the concourse and platform levels, while excavation continues at the lowest level.CMRL is also consid..

Next Story
Infrastructure Transport

Maha-Metro Invites Pune Metro Civil Maintenance Bids

Maharashtra Metro Rail Corporation Limited (Maha-Metro) has invited bids for the annual civil maintenance contract of the Pune Metro Rail Project. The tender, bearing ID and number P1-O&M-20/2025, is scheduled to close on 23 February 2026, with a pre-bid meeting slated for 10 February 2026. The earnest money deposit (EMD) for the contract is Rs 3,50,500, and the duration of the contract is one year.The scope of work includes annual civil maintenance of 28 elevated and underground stations, 28.079 km of elevated viaduct including steel bridges, 12.15 km of tunnels, and two depots under the ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App