Context:
Jawaharlal Nehru Port Authority (JNPA) said it signed a memorandum of understanding (MoU) with Terminal Investment Ltd. (TIL) for constructing Vadhvan Port Project Ltd. (VPPL) in Maharashtra.
Vadhvan Port: Deep Seaport in Maharashtra
- Groundbreaking for the construction
- By PM of India Shri N. D. Modi on 30 Aug 2024.
- Concept plan designed by Surendra Sharma in 2015 for MMB.
- Constructed by Jawaharlal Nehru Port Authority (JNPA).
- First Offshore Port built on artificial island in India.
- Estimate
- Total estimated cost of construction : ₹76,220 crore /US$9.1 billion.
- Port island built on Arabian sea with depths of over 20 metres, accommodating Ultra Large Container Ships (ULCS) vessels.
