HomeCityVadhvan port: India's Rs 76,220 crore mega project drawing global attention

Vadhvan port: India's Rs 76,220 crore mega project drawing global attention

The port is generating significant global interest and is expected to create 1.2 million jobs once it becomes operational, according to Ports, Shipping, and Waterways Minister Sarbananda Sonowal.

March 10, 2025 / 20:34 IST
Story continues below Advertisement
Vadhvan Port
This deep-water port, approved by the Union Cabinet on June 19, is the largest of its kind in India and is part of the Centre’s ambitious Sagarmala programme.

Maharashtra Deputy Chief Minister Ajit Pawar announced on Monday that the Vadhvan port in the Palghar district is set to become operational by 2030.

While presenting the state's annual budget, Pawar, who also serves as the finance minister of state, stated, "Vadhvan port in Palghar will be operational by 2030." He also mentioned that a third airport for Mumbai is proposed and that a station for the Mumbai-Ahmedabad bullet train will be located near Vadhvan port.

Story continues below Advertisement

The upcoming mega port is estimated to cost ₹76,220 crore and is being constructed by Vadhvan Port Project Limited (VPPL), a joint venture between the Jawaharlal Nehru Port Authority (JNPA) and the Maharashtra Maritime Board (MMB), with shareholdings of 74% and 26%, respectively.

This deep-water port, approved by the Union Cabinet on June 19, is the largest of its kind in India and is part of the Centre’s ambitious Sagarmala programme, which aims to enhance the country's logistics with a focus on the maritime sector. Prime Minister Narendra Modi laid the foundation stone for this project on August 30, 2024.