Vadhavan Port: Cost, Status and Completion Date

Vadhavan Port is an approved deep seaport at Vadhavan in Palghar district of Maharashtra in India . The ground breaking for start of construction was done by Prime Minister Narendra Modi on 30 August 2024. The concept plan for an offshore mega Port project was designed by Surendra Sharma a fellow of NMIS in 2015 for MMB; the Jawaharlal Nehru Port Authority (JNPA) is responsible for the construction of the port. When completed, it is slated to be India's first offshore port built on an artificial island and the second Mother Port in India after Vizhinjam International Seaport Thiruvananthapuram according to Sagar Mala project . It is estimated that the construction of the port will cost ₹ 76,220 crore (US$7.9 billion) . Vadhavan will be constructed by Vadhavan Port Project Limited, a special purpose vehicle. Jawaharlal Nehru Port will have a 74 percent stake in the project and Maharashtra

Source: Wikipedia article on the project. Wikipedia is written by volunteers and cites official and news sources; check the linked page and the executing agency for the latest figures.