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All-Weather Greenfield Deepdraft Major Port
- 20 Jun 2024
In June, 2024, the Union Cabinet approved setting up a Major Port at Vadhavan near Dahanu in Maharastra. The Project will be constructed by Vadhavan Port Project Limited (VPPL), an SPV formed by Jawaharlal Nehru Port Authority (JNPA) and Maharashtra Maritime Board (MMB) with a shareholding of 74% and 26%, respectively.
Key Points
- The Vadhavan Port will be developed as an all-weather Greenfield deep draft major port in Vadhavan, Palghar (Maharashtra).
- The Port will comprise nine container terminals, each 1000 meters long, four multipurpose berths, including the coastal berth, four liquid cargo berths, a Ro-Ro berth, and a Coast Guard berth.
- The Project involves the reclamation of 1,448 hectares of area in the sea and the construction of 10.14 km of offshore breakwater and container/cargo storage areas.
- The Project will create a cumulative capacity of 298 million metric tons (MMT) per annum, including around 23.2 million TEUs (Twenty-foot equivalents) of container handling capacity.
- The capacities created will also aid EXIM trade flow through IMEEC (India Middle East Europe Economic Corridor) and INSTC (International North South Transportation Corridor).
- The Project, aligned with the objectives of PM Gati Shakti program, will add to further economic activity and also have the potential for direct and indirect employment opportunities for around 12 lakh individuals, thereby contributing to the local economy.
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