Two Global Consortia Vie for Rs 192.38 Billion Vadhvan Port Contract

04 Nov 2025 CW Team

Two international consortia have emerged to bid for the Rs 192.38 billion dredging, reclamation and offshore bund protection contract for the upcoming Vadhvan Port in Maharashtra — India’s largest port project under the Public-Private Partnership (PPP) Hybrid Annuity Mode (HAM).

One consortium comprises Royal Boskalis B.V. and NMDC Dredging & Marine, a subsidiary of the Abu Dhabi-backed NMDC Group. The rival consortium includes Adani Ports and Special Economic Zone Ltd, Van Oord, Jan De Nul, and International Seaport Dredging Pvt Ltd (ISDPL), promoted by Belgium’s DEME Group.

This will be the first time dredging and reclamation works for a new Indian port are executed under the Hybrid Annuity Model, which is designed to share risks, promote competition, and ensure timely completion.

The Rs 762.2-crore Vadhvan Port Project Ltd, a joint venture between Jawaharlal Nehru Port Authority (JNPA) holding 74 per cent and Maharashtra Maritime Board (MMB) holding 26 per cent, envisions developing a port with a handling capacity of 298 million tonnes per annum (MTPA), including 23.2 million TEUs of container traffic.

The dredging and reclamation scope covers 1,207 hectares to be executed in two phases, with payments shared in a 45:55 ratio between the project authority and the PPP concessionaire over a 15-year period.

Once operational, Vadhvan Port will feature nine container terminals, over 100 quay cranes, dedicated liquid cargo berths, Ro-Ro facilities, and advanced logistics infrastructure — positioning it among the most modern ports in Asia.

Infrastructure Transport

04 Nov 2025

Madhya Pradesh Launches PM Shri Tourism Helicopter Service

Madhya Pradesh has achieved a national first by launching the PM Shri Tourism Helicopter Service, establishing India’s first intra-state air connectivity. Chief Minister Dr Mohan Yadav inaugurated the service at Raja Bhoj International Airport, Bhopal, marking a significant step towards transforming the state’s tourism infrastructure. Following the launch, four helicopters departed for Ujjain, symbolising the start of regional air tourism. The initiative, led by the Madhya Pradesh Tourism Board, will operate under a Public-Private Partnership (PPP) model, connecting the state’s key reli..

Garuda Aerospace CEO Honoured by Tamil Nadu Governor

Chennai, 3 November 2025: Agnishwar Jayaprakash, Founder and Chief Executive Officer of Garuda Aerospace, was felicitated by Tamil Nadu Governor Thiru R.N. Ravi for his exceptional contribution to India’s drone technology ecosystem. The recognition was presented during the Foundation Day celebrations of several States and Union Territories at Bharathiar Mandapam, Raj Bhavan, in Chennai. The honour acknowledges Jayaprakash’s leadership in strengthening the country’s unmanned aerial vehicle (UAV) capabilities and his efforts in harnessing technology for social good. He was also recognised..

Hindustan Zinc’s EcoZen Delivers 75 per cent Lower Carbon Emissions

Udaipur, 3 November 2025: Hindustan Zinc, the world’s largest integrated zinc producer and among the top five global silver producers, has reinforced its sustainability leadership with EcoZen, Asia’s first low-carbon zinc brand. The innovation achieves over 75 per cent lower carbon intensity than conventional zinc, setting new standards in green manufacturing and industrial decarbonisation. Produced using renewable energy and certified under REACH standards, EcoZen helps avoid an estimated 400 kg of carbon emissions for every tonne of steel galvanised. It supports India’s Viksit Bharat ..