Key Facts about Vadhavan Port

About Vadhavan Port:

• It is an approved greenfield deep-sea port in Vadhavan, Palghar District, Maharashtra.
• The port will be developed as an all-weather deep draft major port, which will include the development of core infrastructure, terminals, and other commercial infrastructure in public-private partnership (PPP) mode.
• The project will be constructed by Vadhavan Port Project Limited (VPPL), a special purpose vehicle (SPV) formed by the Jawaharlal Nehru Port Authority (JNPA) and Maharashtra Maritime Board (MMB) with a shareholding of 74% and 26%, respectively. 
• The total estimated cost for the project, including land acquisition is Rs. 76,220 crores. 
• The port will have 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 project will be connected to the Delhi–Mumbai Expressway via a link expressway.
• It is expected to serve as a gateway port for the upcoming India-Middle East-Europe Corridor (IMEC) and International North-South Transportation Corridor (INSTC).
• It’s a key project within the Indian government’s Sagarmala initiative to enhance the performance of the country’s logistics sector.

Q1: What is the Sagarmala initiative?

The Sagarmala Programme, a flagship initiative of the Ministry of Ports, Shipping and Waterways, represents a visionary approach by the Government of India to transform the country's maritime sector. With India's extensive coastline, navigable waterways, and strategic maritime trade routes, Sagarmala aims to unlock the untapped potential of these resources for port-led development and coastal community upliftment. Approved by the Union Cabinet in March 2015, Sagarmala seeks to enhance the performance of the logistics sector by reducing logistics costs for both domestic and international trade.

Source: Rs 76,000-cr Vadhavan Port project in Maharashtra gets Cabinet approval