JNPA Signs Rs 2.2 Trillion MoUs For Port Development

05 Nov 2025 CW Team

Among the major signings, Adani Ports and Special Economic Zone (APSEZ) inked two MoUs — one worth Rs 265 billion for participation in offshore projects at Vadhvan Port and another worth Rs 250 billion for developing container terminals.

The Indian Railway Finance Corporation (IRFC) signed an MoU valued at Rs 200 billion to provide financial support for the Vadhvan Port project. Additionally, Taiwanese shipping firm Evergreen Marine and UAE-based port operator Gulftainer Company pledged Rs 100 billion and Rs 40 billion, respectively, to participate in terminal development at Vadhvan.

With five container terminals, JNPA is India’s largest container port, boasting a capacity of over 10.1 million TEUs. It handled a record 7.3 million TEUs in FY25.

Other major partnerships include:

Housing and Urban Development Corporation (HUDCO): Rs 50 billion for financing and developing infrastructure at JN Port.

Dredging Corporation of India (DCI): Rs 15 billion for dredging collaborations at Mumbai and JN ports.

Indian Port Rail and Ropeway Corporation (IPRCL): Rs 3 billion to supply two green tugs to JNPA.

Global marine contractor Boskalis International BV signed an MoU worth Rs 265 billion for developing and maintaining reclaimed land at Vadhvan Port, while Aegis Logistics will invest Rs 200 billion to establish a multi-cargo terminal handling containers, bulk, and liquid cargo.

Bhilosa Industries will invest Rs 150 billion to develop infrastructure supporting marine services, intermodal connectivity, and sustainability projects. NMDC and Afcons Infrastructure will each construct offshore breakwaters for the Vadhvan project, valued at Rs 65 billion apiece.

Additional MoUs were signed with:

NCC: Rs 265 billion

Wan Hai Lines (Taiwan): Rs 200 billion

Hindustan Construction Company: Rs 65 billion

Savita Oil Technologies: Rs 15 billion

Cemindia Project: Rs 65 billion

Container Corporation of India (CONCOR): Rs 5 billion

The Vadhvan Port, being developed in Maharashtra’s Dahanu (Palghar) district, will be an all-weather, deep-draft greenfield port, and once operational, is expected to rank among the top 10 ports globally.

JNPA Chairperson Gaurav Dayal said the MoUs, signed during India Maritime Week 2025, represent a major leap towards building sustainable, efficient, and globally competitive port infrastructure. “These partnerships will strengthen India’s maritime sector and position JNPA and Vadhvan as key trade gateways in the global supply chain,” he added.

The Jawaharlal Nehru Port Authority (JNPA) announced that it has signed multiple memorandums of understanding (MoUs) worth over Rs 2.2 trillion, focusing on infrastructure development, financial collaboration, and technological advancement at both the Jawaharlal Nehru Port (JN Port) and the upcoming Vadhvan Port. Among the major signings, Adani Ports and Special Economic Zone (APSEZ) inked two MoUs — one worth Rs 265 billion for participation in offshore projects at Vadhvan Port and another worth Rs 250 billion for developing container terminals. The Indian Railway Finance Corporation (IRFC) signed an MoU valued at Rs 200 billion to provide financial support for the Vadhvan Port project. Additionally, Taiwanese shipping firm Evergreen Marine and UAE-based port operator Gulftainer Company pledged Rs 100 billion and Rs 40 billion, respectively, to participate in terminal development at Vadhvan. With five container terminals, JNPA is India’s largest container port, boasting a capacity of over 10.1 million TEUs. It handled a record 7.3 million TEUs in FY25. Other major partnerships include: Housing and Urban Development Corporation (HUDCO): Rs 50 billion for financing and developing infrastructure at JN Port. Dredging Corporation of India (DCI): Rs 15 billion for dredging collaborations at Mumbai and JN ports. Indian Port Rail and Ropeway Corporation (IPRCL): Rs 3 billion to supply two green tugs to JNPA. Global marine contractor Boskalis International BV signed an MoU worth Rs 265 billion for developing and maintaining reclaimed land at Vadhvan Port, while Aegis Logistics will invest Rs 200 billion to establish a multi-cargo terminal handling containers, bulk, and liquid cargo. Bhilosa Industries will invest Rs 150 billion to develop infrastructure supporting marine services, intermodal connectivity, and sustainability projects. NMDC and Afcons Infrastructure will each construct offshore breakwaters for the Vadhvan project, valued at Rs 65 billion apiece. Additional MoUs were signed with: NCC: Rs 265 billion Wan Hai Lines (Taiwan): Rs 200 billion Hindustan Construction Company: Rs 65 billion Savita Oil Technologies: Rs 15 billion Cemindia Project: Rs 65 billion Container Corporation of India (CONCOR): Rs 5 billion The Vadhvan Port, being developed in Maharashtra’s Dahanu (Palghar) district, will be an all-weather, deep-draft greenfield port, and once operational, is expected to rank among the top 10 ports globally. JNPA Chairperson Gaurav Dayal said the MoUs, signed during India Maritime Week 2025, represent a major leap towards building sustainable, efficient, and globally competitive port infrastructure. “These partnerships will strengthen India’s maritime sector and position JNPA and Vadhvan as key trade gateways in the global supply chain,” he added.

Infrastructure Urban

12 Nov 2025

Lemon Tree Opens Sixth Hotel in Kerala

Lemon Tree Hotels, India’s fastest-growing mid-scale and premium hotel chain, has announced the opening of its latest managed property — Lemon Tree Premier, Thiruvananthapuram.This marks the brand’s sixth property in Kerala and further strengthens its growing footprint across southern India.Strategically located in the heart of the state capital, Lemon Tree Premier, Thiruvananthapuram offers easy access to major business districts, government offices, and cultural landmarks. The city — known for its rich heritage, iconic Padmanabhaswamy Temple, scenic beaches such as Kovalam, and growi..

Infrastructure Urban

12 Nov 2025

NALCO Reports Record Q2 & H1 FY26 Performance

National Aluminium Company (NALCO), a Navratna CPSE under the Ministry of Mines, Government of India, has reported its best-ever quarterly and half-yearly physical and financial performance in FY 2025–26.For the quarter ended September 2025 (Q2 FY26), NALCO’s net profit surged 35 per cent year-on-year to Rs 14.33 billion, compared to Rs 10.62 billion in the same period last year. The company’s total income from operations rose 7.2 per cent to Rs 42.92 billion, reflecting robust operational performance and supportive market conditions.For the first half of FY26, NALCO’s net profit jumpe..

Infrastructure Urban

12 Nov 2025

SDHI to Build Six Tankers for Norway’s Stenersen

Swan Defence and Heavy Industries (SDHI), India’s largest shipbuilding and heavy fabrication company, has signed a Letter of Intent (LoI) with Norwegian ship owner Rederiet Stenersen AS for the construction of six IMO Type II chemical tankers, each with a capacity of 18,000 DWT.Valued at approximately $220 million, the LoI represents a landmark achievement for India’s shipbuilding exports, with an option to build an additional six vessels under the same class. The ships will be built at SDHI’s state-of-the-art shipyard in Pipavav, Gujarat, designed by Marinform AS, Norway, and classed by..