+
Ministry of Ports partners with DP World for Gujarat terminal
PORTS & SHIPPING

Ministry of Ports partners with DP World for Gujarat terminal

The Ministry of Ports, Shipping and Waterways (MOPSW) is forging ahead with a groundbreaking project to enhance India's port infrastructure. Deendayal Port Authority (DPA), a key West Coast Major Port in Gujarat, is set to ink a concession agreement with DP World, a global logistics powerhouse headquartered in Dubai. The ceremony, graced by Shri Sarbananda Sonowal, Union Minister of Ports, Shipping and Waterways, along with H.E. Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World, will take place on August 25, 2023, at Aloft Hotel Aerocity, New Delhi.

This significant venture involves the development, operation, and maintenance of a cutting-edge mega-container terminal at Tuna-Tekra, Gujarat. The project, valued at Rs 42.4364 billion, will be executed through Public Private Partnership (PPP) mode, reflecting the Indian government's dedication to bolstering economic growth.

The state-of-the-art terminal is engineered to handle over 2.19 million container units (TEUs) annually, catering to the growing trade demands of Northern, Western, and Central India. Its ability to accommodate next-generation vessels carrying more than 18,000 TEUs marks a pivotal advancement in port capabilities.

Aligned with Vision 2047, the Indian government's blueprint for port expansion and multimodal logistics infrastructure, the project is set to significantly enhance operational efficiency. The 30-year PPP agreement, established in collaboration with Hindustan Infralog Private Limited (a DP World and National Investment and Infrastructure Fund (NIIF) joint venture), underscores sustainability through green port practices.

The terminal's impact is poised to transcend congestion reduction and enhanced vessel handling. It paves the way for streamlined supply chains, equipped with multimodal connectivity. As part of the National Infrastructure Pipeline, this project harmonises with the Prime Minister's Gati Shakti Master Plan and National Logistics Policy, collectively amplifying India's global trade reach.

The Ministry of Ports, Shipping and Waterways (MOPSW) is forging ahead with a groundbreaking project to enhance India's port infrastructure. Deendayal Port Authority (DPA), a key West Coast Major Port in Gujarat, is set to ink a concession agreement with DP World, a global logistics powerhouse headquartered in Dubai. The ceremony, graced by Shri Sarbananda Sonowal, Union Minister of Ports, Shipping and Waterways, along with H.E. Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World, will take place on August 25, 2023, at Aloft Hotel Aerocity, New Delhi.This significant venture involves the development, operation, and maintenance of a cutting-edge mega-container terminal at Tuna-Tekra, Gujarat. The project, valued at Rs 42.4364 billion, will be executed through Public Private Partnership (PPP) mode, reflecting the Indian government's dedication to bolstering economic growth.The state-of-the-art terminal is engineered to handle over 2.19 million container units (TEUs) annually, catering to the growing trade demands of Northern, Western, and Central India. Its ability to accommodate next-generation vessels carrying more than 18,000 TEUs marks a pivotal advancement in port capabilities.Aligned with Vision 2047, the Indian government's blueprint for port expansion and multimodal logistics infrastructure, the project is set to significantly enhance operational efficiency. The 30-year PPP agreement, established in collaboration with Hindustan Infralog Private Limited (a DP World and National Investment and Infrastructure Fund (NIIF) joint venture), underscores sustainability through green port practices.The terminal's impact is poised to transcend congestion reduction and enhanced vessel handling. It paves the way for streamlined supply chains, equipped with multimodal connectivity. As part of the National Infrastructure Pipeline, this project harmonises with the Prime Minister's Gati Shakti Master Plan and National Logistics Policy, collectively amplifying India's global trade reach.

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?