JNPA Chairman confident of successful dredging at Vadhavan Port

16 Sep 2024 CW Team

The Jawaharlal Nehru Port Authority (JNPA) is optimistic about executing the dredging and reclamation work at Vadhavan Port under the Hybrid Annuity Model (HAM). JNPA Chairman, Sanjay Sethi, expressed confidence in the project’s success, emphasizing that the HAM model will be instrumental in achieving the desired outcomes.

The Vadhavan Port project aims to enhance port capacity and efficiency, with the HAM model designed to balance investment risks between the public and private sectors. This approach is expected to streamline operations and drive progress in the development of the port infrastructure. The project is a significant step towards strengthening India's maritime capabilities and boosting trade efficiency.

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