Explained: What makes the Vadhavan Port so special!
PORTS & SHIPPING

Explained: What makes the Vadhavan Port so special!

Vadhavan Port is a proposed new port that is going to be the country’s 13th major port. Situated near the town of Dhanu, in the Palghar district of Maharashtra, the state will have its 3rd port and the country’s first mega port. The project is to be executed jointly by Jawaharlal Nehru Port Trust (JNPT) and Maharashtra Maritime Board. The port is an ambitious part of the Sagarmala Program which focuses on enhancing and promoting the Indian ports as a fundamental contributor to the nation’s GDP.

JNPT is currently India’s largest port and 28th largest globally. It is believed that once in operation, Vadhavan port can be expected to be among the top 10 container ports in the world. The reason for the need for this port is due to the soaring demand of the containers where JNPT is at a verge of saturation with the capacity of 10 million TEU (Twenty-Foot Equivalent Units) which is estimated to have a drastic increase of 25 million TEU by 2030. So, once the JNPT meets its threshold capacity, Vadhavan Port can take over the load and traffic!

The port is to be built on 5,000 acres of land which is reclaimed near the town Dhanu. It is a part of the national infrastructure development plan under a budget of ₹100 trillion. This project is estimated to cost ₹65,500 crores. Vadhavan Port will be implemented by Public-Private Partnership (PPP) and it will adopt the landlord model for mutual benefit and a fast pace completion. JNPT led Special Purpose Vehicle (SPV) will construct basic infrastructure using a budget of ₹16,140 crores. This will include building breakwaters, rail line, enhancing road connectivity, electricity, and water lines. To avoid the traffic, Vadhavan Port will have a dedicated road and rail services; this will curb the disturbances caused due to local clutter.

Vadhavan port has myriads benefits to serve. One of the prime advantages is its natural draft which is about 20m close to the shore. It will aid in accommodating huge container ships as well as breakbulk cargo liquid including LNG. The port will host containers of 16,000-25,000 TEU capacity, which will boost the economic scale and significantly reduce the expenses on logistics. Its ideal location and geological condition make it more favourable. The Vadhavan Port will be at a distance of 140km from Mumbai and 150km from JNPT. It is also at a proximal distance from some of the vital National Highways and corridors; for instance, it is just at a distance of 34km from Delhi- Mumbai Freight corridor, 22km from Mumbai- Baroda expressway. It will be an all-weather all cargo port; hence it will base numerous cargoes of different types throughout the year without being affected by the fluctuating conditions of the weather.

With a plethora of advantages in its bag, Vadhavan Port will effectuate employment, ensuring the country’s economic growth and development. The project will also enhance business opportunities and a substantial increase in warehousing. The port being proximal to numerous highways and corridors, the connectivity will result in the development of roadways and railways. Presuming such advancement, the port will contribute to a rapid development of the country; therefore Vadhavan Port is genuinely a boon to the nation’s progress!

Vadhavan Port is a proposed new port that is going to be the country’s 13th major port. Situated near the town of Dhanu, in the Palghar district of Maharashtra, the state will have its 3rd port and the country’s first mega port. The project is to be executed jointly by Jawaharlal Nehru Port Trust (JNPT) and Maharashtra Maritime Board. The port is an ambitious part of the Sagarmala Program which focuses on enhancing and promoting the Indian ports as a fundamental contributor to the nation’s GDP. JNPT is currently India’s largest port and 28th largest globally. It is believed that once in operation, Vadhavan port can be expected to be among the top 10 container ports in the world. The reason for the need for this port is due to the soaring demand of the containers where JNPT is at a verge of saturation with the capacity of 10 million TEU (Twenty-Foot Equivalent Units) which is estimated to have a drastic increase of 25 million TEU by 2030. So, once the JNPT meets its threshold capacity, Vadhavan Port can take over the load and traffic! The port is to be built on 5,000 acres of land which is reclaimed near the town Dhanu. It is a part of the national infrastructure development plan under a budget of ₹100 trillion. This project is estimated to cost ₹65,500 crores. Vadhavan Port will be implemented by Public-Private Partnership (PPP) and it will adopt the landlord model for mutual benefit and a fast pace completion. JNPT led Special Purpose Vehicle (SPV) will construct basic infrastructure using a budget of ₹16,140 crores. This will include building breakwaters, rail line, enhancing road connectivity, electricity, and water lines. To avoid the traffic, Vadhavan Port will have a dedicated road and rail services; this will curb the disturbances caused due to local clutter. Vadhavan port has myriads benefits to serve. One of the prime advantages is its natural draft which is about 20m close to the shore. It will aid in accommodating huge container ships as well as breakbulk cargo liquid including LNG. The port will host containers of 16,000-25,000 TEU capacity, which will boost the economic scale and significantly reduce the expenses on logistics. Its ideal location and geological condition make it more favourable. The Vadhavan Port will be at a distance of 140km from Mumbai and 150km from JNPT. It is also at a proximal distance from some of the vital National Highways and corridors; for instance, it is just at a distance of 34km from Delhi- Mumbai Freight corridor, 22km from Mumbai- Baroda expressway. It will be an all-weather all cargo port; hence it will base numerous cargoes of different types throughout the year without being affected by the fluctuating conditions of the weather. With a plethora of advantages in its bag, Vadhavan Port will effectuate employment, ensuring the country’s economic growth and development. The project will also enhance business opportunities and a substantial increase in warehousing. The port being proximal to numerous highways and corridors, the connectivity will result in the development of roadways and railways. Presuming such advancement, the port will contribute to a rapid development of the country; therefore Vadhavan Port is genuinely a boon to the nation’s progress!

Next Story
Real Estate

Morgan Stanley, others acquires 6.8% stake in PNB Housing for Rs 16.64 Bn

Morgan Stanley, Societe Generale and another entity on Wednesday picked up a total of 177 million, or 6.82% stake, of PNB Housing Finance through open market transactions worth Rs 16.64 billion. According to bulk deal data available on the National Stock Exchange (NSE), Morgan Stanley through its arm Morgan Stanley Asia Singapore purchased over 142 million shares or a 5.4% stake in PNB Housing in two transactions. Ghisallo Master Fund bought 17.90 lakh shares of PNB Housing while Societe Generale acquired 17.09 lakh shares of the firm, as per the data. Meanwhile, global investment firm Carlyle..

Next Story
Real Estate

Prestige Group acquires 22,135 sq m land in Mira Bhayandar

Prestige Estates Projects has acquired 22,135 sq m of land together with all rights within the jurisdiction of Mira Bhayandar Municipal Corporation, Mumbai. The acquired land will be planned for residential development spanning approximately one million sq ft of carpet area. The cost of acquisition is around Rs 2.91 billion. The company achieved a total sales of Rs 42.26 billion for Q2 FY25, bringing its first half of FY25 sales to Rs 70.52 billion. In terms of sales volumes, it recorded three million sq ft in Q2 with the half year, total reaching 5.87 million sq ft. It sold 1,356 units this q..

Next Story
Real Estate

About 22 lakh draft documents uploaded, only 5,300 e-khatas issued

Confirming that the e-khata system is floundering, data from Bruhat Bengaluru Mahanagara Palike has revealed that while 22 lakh draft e-khatas are available online, only 5,324 - or, slightly over 0.2% - final e-khatas had been issued till Friday, though the system was launched with much fanfare in early Oct. This, despite the BBMP's e-khata website receiving 54 lakh visits and 6 lakh draft e-khatas being downloaded. The data revealed that only 30,000 people have applied for e-khata, reflecting the multiple problems they are facing while applying. Those with draft e-khatas are eligible to see..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000