Mumbai Port Authority to develop marina at sea on EPC model; Jalota
PORTS & SHIPPING

Mumbai Port Authority to develop marina at sea on EPC model; Jalota

The Mumbai Port Authority plans to develop a marina in the sea, moving away from its earlier land-based public-private partnership (PPP) model, according to Chairman Rajiv Jalota. This new initiative will be funded by the port authority itself and executed under the engineering, procurement, and construction (EPC) model. The project is in its advanced stages, with necessary clearances expected soon.

The original plan aimed to build the marina at Princess Dock, where private investors were invited to contribute Rs 5.75 billion to develop facilities for docking at least 300 pleasure boats and yachts. However, after two rounds of unsuccessful bids, the authority decided to shift its focus to the sea-based marina.

This initiative is part of Mumbai’s larger waterfront regeneration plan, as the port faces limitations in expanding cargo operations due to its urban location. Developing leisure activities on the waterfront aligns with the city's broader vision for urban revitalisation. South Mumbai, home to the port's land holdings, is a prime location, with significant economic potential for the port’s assets.

With more than 7,500 km of coastline, India has a limited number of marinas. Mumbai, with its large number of privately owned leisure boats, presents a ripe market for this facility. Currently, around 200 small boats are moored near the Gateway of India at any given time due to the absence of a designated marina.

The marina is expected to boost tourism and support the city’s growth, offering world-class services to align Mumbai with global waterfront cities. (ET)

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

The Mumbai Port Authority plans to develop a marina in the sea, moving away from its earlier land-based public-private partnership (PPP) model, according to Chairman Rajiv Jalota. This new initiative will be funded by the port authority itself and executed under the engineering, procurement, and construction (EPC) model. The project is in its advanced stages, with necessary clearances expected soon. The original plan aimed to build the marina at Princess Dock, where private investors were invited to contribute Rs 5.75 billion to develop facilities for docking at least 300 pleasure boats and yachts. However, after two rounds of unsuccessful bids, the authority decided to shift its focus to the sea-based marina. This initiative is part of Mumbai’s larger waterfront regeneration plan, as the port faces limitations in expanding cargo operations due to its urban location. Developing leisure activities on the waterfront aligns with the city's broader vision for urban revitalisation. South Mumbai, home to the port's land holdings, is a prime location, with significant economic potential for the port’s assets. With more than 7,500 km of coastline, India has a limited number of marinas. Mumbai, with its large number of privately owned leisure boats, presents a ripe market for this facility. Currently, around 200 small boats are moored near the Gateway of India at any given time due to the absence of a designated marina. The marina is expected to boost tourism and support the city’s growth, offering world-class services to align Mumbai with global waterfront cities. (ET)

Next Story
Real Estate

Colliers India Transacts 207,000 sq ft office space at Embassy TechVillage

Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, announced that it has signed an Agreement to Lease (‘ATL’) with global cyber security company Rubrik at Embassy TechVillage in Bengaluru.Colliers, a leading global diversified professional services company, specialising in commercial real estate services, engineering consultancy and investment management facilitated the transaction for Rubrik.Located on Bengaluru’s Outer Ring Road, Embassy TechVillage is one of Embassy REIT’s flagship office parks which offers world-class office spaces, ..

Next Story
Infrastructure Urban

Ensemble Infrastructure India Appoints Suman Saha as Director of Design

Ensemble Infrastructure India Ltd, a leading workplace design and build fit-out company, has appointed Suman Saha as its new Director of Design. With 25 years of experience in the industry, Suman is recognized for his innovative approach and excellence in design leadership.Working closely with the CEO, Suman’s appointment will enhance the company’s design communication across multiple touchpoints, ensuring smooth collaboration between clients, designers, and execution teams for superior project outcomes. Under his guidance, Ensemble will focus on creating workspaces and design labs that em..

Next Story
Products

Ribbon Vanity by Küche7: Fluid Design Meets Everyday Elegance

Küche7, pioneers in luxury stainless steel kitchens, have unveiled the Ribbon Vanity, a graceful creation that transforms bathroom spaces with its soft, flowing design and understated sophistication. Inspired by the fluid form of a ribbon, this vanity combines smooth finishes, clean lines, and gentle curves, offering a timeless aesthetic that seamlessly complements diverse interior styles.Available in a refined blush pink hue, the Ribbon Vanity effortlessly merges functionality with elegance. With thoughtfully designed storage options, it ensures that bathroom essentials are neatly organised ..

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