Vadhavan Port Dredging and Reclamation Draws Major Interest

02 Aug 2024 CW Team

The dredging and reclamation works for Vadhavan Port, set to be developed under the Public-Private Partnership (PPP) Hybrid Annuity Model (HAM), have attracted significant interest from various stakeholders. This ambitious port project aims to enhance India's maritime infrastructure and boost its capacity for handling large cargo volumes.

The Vadhavan Port project, located in Maharashtra, is a critical infrastructure initiative designed to accommodate the growing demands of international trade and shipping. The dredging and reclamation phase involves substantial excavation and land reclamation to create the necessary depth and space for port operations.

Under the PPP-HAM model, the project will be financed and developed jointly by the public sector and private entities, with the private partner bearing a significant portion of the project cost and the public sector providing land and other support. This model ensures that both parties share the risks and rewards associated with the project.

The interest generated by the dredging and reclamation works indicates strong confidence in the potential of the Vadhavan Port to become a key player in the global shipping industry. It is expected to significantly enhance India's port capacity and improve trade efficiency.

The successful execution of this project will not only strengthen India's port infrastructure but also create numerous job opportunities and stimulate economic growth in the region. The Vadhavan Port is poised to play a vital role in the country's maritime strategy, contributing to its position as a major global shipping hub.

Infrastructure Transport

27 Jun 2026

Noida Airport Fuels NCR Realty Growth

The start of commercial operations at Noida International Airport has recently emerged as a major trigger for real estate growth across Noida, Greater Noida and the Yamuna Expressway region. The airport is expected to improve regional connectivity and support the next phase of development in eastern NCR.The airport, inaugurated on 28 March, has begun passenger services, while cargo operations are also expected to strengthen its role as an economic and logistics hub. Its operationalisation is expected to reduce dependence on Delhi’s Indira Gandhi International Airport for residents and busine..

thyssenkrupp and GlobalLogic Form AI Alliance

thyssenkrupp AG and GlobalLogic, a Hitachi Group company, have recently formed a strategic alliance to deploy autonomous robotics and Physical AI across heavy industry operations. The partnership aims to improve safety, reduce engineering bottlenecks and accelerate industrial transformation at scale.The alliance brings together thyssenkrupp’s industrial expertise with Hitachi’s innovation capabilities. It includes GlobalLogic, Method and Hitachi America R&D, creating a “Lab-to-Scale” pipeline that connects research, digital strategy, design and enterprise software engineering for i..

Platinum Corp Launches Luxury Suites in Santacruz

Platinum Corp has recently launched Platinum Stellar: Bespoke Presidential Suites, a premium residential project in Santacruz West, Mumbai. The development is positioned as a boutique luxury offering for homebuyers seeking expansive layouts, privacy and personalised living experiences.Located on Main Avenue, the project has been designed as a low-density, high-end residential address with spacious homes starting from 2,500 sq ft and extending to full-floor residences. The project targets HNIs, business owners and legacy residents from the Bandra-Khar-Santacruz belt.Platinum Stellar has been de..