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NMDC Group PJSC has signed an MoU with Jawaharlal Nehru Port Authority (JNPA) to invest ?21,000 crore in the greenfield Vadhvan Port project in Palghar, Maharashtra. The investment will support dredging, reclamation, and shore protection for the offshore development of the port. The agreement was signed between JNPA Chairman and Managing Director Unmesh Sharad Wagh and NMDC Group CEO Yasser Zaghloul. This collaboration aims to enhance port infrastructure, boost cargo handling capacity, and strengthen India’s maritime trade network. The Vadhvan Port project is expected to play a crucial role in decongesting existing ports and positioning India as a major hub for global shipping and logistics.
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Note: The above-mentioned news was first published by us in our ProjectX India | 1st March 2025 edition.. Get this issue or any of our editions by clicking here…
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