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India Approves $9.1 Billion Vadhavan Port Development Project

New Delhi has given the go ahead to one of India’s most anticipated infrastructure projects, the Vadhavan port, marking a significant milestone after more than a decade of deliberations. Located approximately 125 kilometers north of Mumbai on India’s western coast, the mega port project has received approval under the administration of Prime Minister Narendra Modi, with an estimated investment of $9.1 billion.

Once completed, the port will feature an extensive infrastructure including nine container terminals, each spanning 1 kilometer in length, four multipurpose berths, four liquid cargo berths, a roro (roll-on/roll-off) berth, and a dedicated coast guard berth. With a total capacity of 298 million tonnes per annum, the port will significantly enhance India’s cargo handling capabilities, accommodating up to 23.2 million TEUs (twenty-foot equivalent units) of container traffic annually.

The development of Vadhavan port will proceed through a joint venture between the Jawaharlal Nehru Port Authority (holding a 74% stake) and the Maharashtra Maritime Board. This partnership aims to transform the region’s maritime capabilities and bolster India’s position as a key player in global trade and logistics.

The phased construction plan targets the completion of the first phase by 2029, promising a gradual but substantial increase in operational capacity over the coming years. This ambitious project is expected not only to alleviate congestion at existing ports but also to serve as a catalyst for economic growth in the region, creating numerous job opportunities and stimulating ancillary industries.

The approval of the Vadhavan port underscores India’s commitment to modernizing its infrastructure and strengthening its maritime logistics sector. By leveraging strategic partnerships and advanced technologies, the port aims to streamline trade processes, improve efficiency, and accommodate larger vessels, thereby positioning India as a hub for international maritime trade.

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