Maharashtra to secure Rs 760 billion Vadhavan Port project

20 Jun 2024 CW Team

Maharashtra is set to bag a substantial infrastructure boost with the anticipated approval of the Rs 760 billion Vadhavan Port project by the Cabinet chaired by PM Modi, as reported by the source. Located in Palghar district, Vadhavan Port benefits from natural depth and strategic proximity to inland clusters, positioned near upcoming dedicated freight corridors that promise reduced maintenance costs. The project aims to implement advanced cargo-handling systems aimed at minimising environmental impact.

The new port will be developed in two phases under the landlord model, in accordance with government policy, by Vadhavan Port Project Ltd. This entity is a joint venture between Jawaharlal Nehru Port Authority Ltd., holding a 74% stake, and the Maharashtra Maritime Board.

Preliminary approval for the project was granted by the central government on February 13, 2020, with the terms of reference approved on October 7 of the same year. The Dahanu Taluka Environment Protection Authority subsequently endorsed the port on July 31, 2023. (Source: NDTV Profit)

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..