Rs 738.94 bn Maharashtra port project gets green signal

08 Aug 2023 CW Team

The new port project planned by the Union Government at Vadhavan near Dahanu in Maharashtra’s Palghar district has received approval from the Dahanu Taluka Environment Protection Authority (DTEPA). A non-objection certificate (NOC) has been granted by the DTEPA for this project.

The responsibility for the new port lies with the Jawaharlal Nehru Port Authority. They had asked for the DTEPA's permission to construct the satellite port.

The application that the JNPA submitted to obtain permission for the establishment and development of the major port (Vadhavan port) has been approved. This permission is granted with the condition that it is subject to various terms and conditions set by the Ministry of Environment, Forest and Climate Change (MoEF&CC) and its associated bodies. These conditions include complying with the requirements of Environmental Impact Assessment (EIA) and implementing the suggestions provided by expert groups and agencies as outlined in their respective reports.

Also read:
Oil India upgrades to Maharatna, ONGC Videsh to Navratna
Essar Oil & Gas to Strengthen Ranigunj CBM Position

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..