+
Vadhvan Port starts rolling with tender for near shore reclamation
PORTS & SHIPPING

Vadhvan Port starts rolling with tender for near shore reclamation

Vadhvan Port Project Ltd has called bids for near shore reclamation and shore protection works worth Rs 17 billion on engineering, procurement and construction (EPC) mode in what will be the first step towards constructing a new deep water major port at Vadhvan near Dahanu in Maharashtra’s Palghar district. “Out of this, we will create nearly 200 hectares of land close to the shore from where we can launch our offshore works like breakwater and reclamation. All other activities will start from here. It will act as a landing point for future works and subsequently when all works are completed offshore, this will be used as a yard for storage of containers, building tank farms and laying railway lines etc,” Unmesh Wagh, Chairman, Jawaharlal Nehru port Authority, told ET Infra. Vadhvan Port Project Ltd is a joint venture formed between Jawaharlal Nehru Port Authority (74 percent stake) and Maharashtra Maritime Board (26 percent equity), to implement the Vadhvan Port. The basic infrastructure for the new deep-water port such as dredging, reclamation, shore protection works, breakwater, approach trestle, rail and road connectivity, land acquisition and other common utilities, entails an investment of Rs 389.76 billion. Of this, dredging, offshore reclamation and shore protection works will be undertaken on public-private-partnership (PPP)/Hybrid Annuity Model (HAM) estimated worth Rs 20,647 crore. The rest of the core infrastructure will be created through EPC mode. Besides, the remaining project cost of Rs 37,244 crore will be invested by the private operators of container terminals, multipurpose berths, coastal cargo berths, RO-RO and liquid berths selected by Vadhvan Port Project Ltd. Vadhvan Port will be designed to handle 298 million tonnes (mt) of cargo, including 23.2 million twenty-foot equivalent units (TEU’s).

Vadhvan Port Project Ltd has called bids for near shore reclamation and shore protection works worth Rs 17 billion on engineering, procurement and construction (EPC) mode in what will be the first step towards constructing a new deep water major port at Vadhvan near Dahanu in Maharashtra’s Palghar district. “Out of this, we will create nearly 200 hectares of land close to the shore from where we can launch our offshore works like breakwater and reclamation. All other activities will start from here. It will act as a landing point for future works and subsequently when all works are completed offshore, this will be used as a yard for storage of containers, building tank farms and laying railway lines etc,” Unmesh Wagh, Chairman, Jawaharlal Nehru port Authority, told ET Infra. Vadhvan Port Project Ltd is a joint venture formed between Jawaharlal Nehru Port Authority (74 percent stake) and Maharashtra Maritime Board (26 percent equity), to implement the Vadhvan Port. The basic infrastructure for the new deep-water port such as dredging, reclamation, shore protection works, breakwater, approach trestle, rail and road connectivity, land acquisition and other common utilities, entails an investment of Rs 389.76 billion. Of this, dredging, offshore reclamation and shore protection works will be undertaken on public-private-partnership (PPP)/Hybrid Annuity Model (HAM) estimated worth Rs 20,647 crore. The rest of the core infrastructure will be created through EPC mode. Besides, the remaining project cost of Rs 37,244 crore will be invested by the private operators of container terminals, multipurpose berths, coastal cargo berths, RO-RO and liquid berths selected by Vadhvan Port Project Ltd. Vadhvan Port will be designed to handle 298 million tonnes (mt) of cargo, including 23.2 million twenty-foot equivalent units (TEU’s).

Next Story
Real Estate

DLF Returns to Mumbai with Premium Andheri Residential Project

Delhi-NCR based real estate major DLF announced its return to the Mumbai market on 17 July with the launch of its premium residential project, The WestPark, in Andheri. The first phase includes 416 apartments spread across four towers, with two towers launched on the announcement day. The company plans to invest over Rs 8 billion in the project and expects a topline exceeding Rs 20 billion from Phase 1.“We have launched two towers and, given the strong response, plan to unveil the remaining two towers ahead of schedule, within the next few days,” said Aakash Ohri, Joint Managing Director o..

Next Story
Infrastructure Urban

APCRDA Advances Net Zero Goal with IGBC Training for Officials

In a significant stride towards Andhra Pradesh’s Net Zero target by 2040 and the Swarna Andhra 2047 vision, the Andhra Pradesh Capital Region Development Authority (APCRDA), in partnership with the Indian Green Building Council (IGBC), conducted a high-level capacity-building programme for senior officials in Vijayawada on Friday.Held at a city hotel, the session saw the participation of over 50 senior APCRDA officials, including the Engineer-in-Chief, Chief Engineer (H&B), Director (Planning), Director (Environment), and heads of key departments. The training centred on IGBC’s Green B..

Next Story
Infrastructure Energy

Assam Solar Project Halted as Waaree EPC Contract Is Cancelled

Following the Assam government’s withdrawal from its proposed solar project, the Engineering, Procurement, and Construction (EPC) contract awarded to Waaree Renewable has been suspended. Waaree Group’s EPC division informed the stock exchange of this development through a regulatory filing.The Assam solar project was suspended due to funding challenges, which rendered the initiative unviable for the state government. Waaree Renewable Transmission Limited (RTL) explained that the Government of Assam has withdrawn the project’s funding via the Asian Development Bank (ADB) loan. Consequentl..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?