Mumbai Port Authority to develop marina at sea on EPC model; Jalota

23 Sep 2024 CW Team

The Mumbai Port Authority plans to develop a marina in the sea, moving away from its earlier land-based public-private partnership (PPP) model, according to Chairman Rajiv Jalota. This new initiative will be funded by the port authority itself and executed under the engineering, procurement, and construction (EPC) model. The project is in its advanced stages, with necessary clearances expected soon.

The original plan aimed to build the marina at Princess Dock, where private investors were invited to contribute Rs 5.75 billion to develop facilities for docking at least 300 pleasure boats and yachts. However, after two rounds of unsuccessful bids, the authority decided to shift its focus to the sea-based marina.

This initiative is part of Mumbai’s larger waterfront regeneration plan, as the port faces limitations in expanding cargo operations due to its urban location. Developing leisure activities on the waterfront aligns with the city's broader vision for urban revitalisation. South Mumbai, home to the port's land holdings, is a prime location, with significant economic potential for the port’s assets.

With more than 7,500 km of coastline, India has a limited number of marinas. Mumbai, with its large number of privately owned leisure boats, presents a ripe market for this facility. Currently, around 200 small boats are moored near the Gateway of India at any given time due to the absence of a designated marina.

The marina is expected to boost tourism and support the city’s growth, offering world-class services to align Mumbai with global waterfront cities. (ET)

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..