TIL to Invest Rs.20,000 Crore in Maharashtra’s Vadhvan Port

24 Dec 2024 CW Team

In a major boost to India’s maritime sector, Switzerland-based Terminal Investment Limited Sarl (TIL) has committed to investing Rs 200 billion for the development of the Vadhvan Port and its surrounding ecosystem in Maharashtra’s Palghar district.

The ambitious port project, valued at Rs 762 billion, is being spearheaded by Vadhvan Port Project Ltd (VPPL), a special purpose vehicle where Jawaharlal Nehru Port Authority (JNPA) holds a 74% stake, and Maharashtra Maritime Board owns the remaining 26%.

JNPA announced the signing of a memorandum of understanding (MoU) with TIL, emphasizing that the collaboration would elevate Vadhvan Port into a global maritime hub.

“This partnership reflects the confidence of global investors in India’s maritime sector and ensures the integration of cutting-edge technology, sustainable practices, and world-class infrastructure,” said Unmesh Sharad Wagh, IRS, Chairman of JNPA and CMD of VPPL.

TIL, known for its expansive portfolio of container terminals located on key global shipping routes, aims to introduce innovative and efficient port management practices.

The Vadhvan Port project aligns with India’s broader efforts to enhance its maritime infrastructure and position itself as a leader in global trade, setting new benchmarks in sustainability and operational efficiency.

Infrastructure Transport

06 Feb 2026

Second Mountain Tunnel Breakthrough in Palghar Advances High Speed Rail

The Mumbai-Ahmedabad high speed rail (MAHSR) project reached a milestone with the breakthrough of a mountain tunnel in Palghar, Maharashtra. Mountain tunnel MT-six measures 454 metres long and 14.4 metres wide and will accommodate up and down tracks. The breakthrough follows MT-five near Saphale on second January 2026 and the MT-six excavation was completed from both ends using the New Austrian Tunnelling Method. The ministry reported that the tunnelling was completed within 12 months. The New Austrian Tunnelling Method is favoured for its flexibility in complex geology and irregular tunnel s..

Modi Government Pushes Atmanirbhar Container Drive With BCSL MoU

The Union Government advanced a plan to create an integrated, domestically anchored container ecosystem with the signing of a Memorandum of Understanding to establish the Bharat Container Shipping Line (BCSL). The MoU was signed by key agencies including the Shipping Corporation of India and Container Corporation of India alongside major port authorities and Sagarmala Finance Corporation Limited under the Ministry of Ports, Shipping and Waterways, in the presence of senior ministers. The initiative aligns with the Container Manufacturing Assistance Scheme announced in the Union Budget 2026–2..

Ministry Reports Gains In Mobility For Marginalised Communities

The Ministry of Social Justice and Empowerment is implementing skill development, education and rehabilitation schemes to promote socio-economic mobility and sustainable livelihoods for marginalised and disadvantaged communities across the country. Programmes target Scheduled Castes, Other Backward Classes, Economically Weaker Sections, De-notified Tribes and Safai Karamcharis through specialised implementing corporations and empanelled training institutes. Pradhan Mantri Dakshata Aur Kushalta Sampann Hitgrahi Yojana, or PM-DAKSH, provided skill training and placement support through the Nati..