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.

Next Story
Infrastructure Urban

TCC Concept Reports 480% Revenue Growth in Q1FY27

TCC Concept  has reported strong financial performance for the first quarter of FY27, with revenue from operations rising 480% year-on-year to Rs 1,283 million.The company’s EBITDA increased 158% year-on-year to Rs 463 million, with an EBITDA margin of 36.1%. Profit after tax (PAT) grew 34% year-on-year to Rs 126 million during the quarter.The growth was supported by continued execution across TCC’s integrated ecosystem spanning consumer commerce, supply chain, digital infrastructure, cloud, PropTech and AI-led platforms.Pepperfry continued to strengthen its omnichannel expansion stra..

Next Story
Real Estate

ANHAD Developers Appoints Akash Lakhina as Sales Head

ANHAD Developers has appointed Akash Lakhina as Head of Sales, Marketing and CRM as the company strengthens its leadership team ahead of its entry into Gurugram’s premium residential market.The appointment follows Adil Altaf taking charge as CEO of the group’s real estate vertical. Lakhina will be responsible for driving the company’s sales, marketing and customer relationship initiatives for its upcoming luxury developments.With nearly three decades of professional experience, Lakhina brings expertise across multiple industries, including over a decade in luxury real estate. His experie..

Next Story
Real Estate

BXB Estates Records AED 110 Million Luxury Villa Sale in Dubai

BXB Estates has completed a record AED 110 million residential transaction at Jumeirah Golf Estates, marking the highest-value residential sale in the history of one of Dubai’s most prestigious communities.The transaction, negotiated by Alfie Tabrez, Managing Partner, BXB Estates, surpasses the previous record of AED 58 million for a completed ready villa.The six-bedroom luxury residence features a built-up area of 21,714 sq ft on a 15,873 sq ft plot. The property includes nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace. Its wellness facilit..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement