+
JNPA Signs Rs 2.2 Trillion MoUs For Port Development
PORTS & SHIPPING

JNPA Signs Rs 2.2 Trillion MoUs For Port Development

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.

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.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code