JNPA signs MoU with NMDC Group PJSC for Vadhvan Port project

Jawaharlal Nehru Port Authority (JNPA) has signed a Memorandum of Understanding (MoU) for the construction of the Vadhvan Port Project Ltd (VPPL), establishing an important collaboration with NMDC Group PJSC (Formerly National Marine Dredging Company PJSC). According to the MoU, NMDC Group PJSC has proposed to invest an estimated Rs 21,000 crore for the development of the land offshore of Vadhvan coast by dredging, reclamation and shore protection of Vadhvan Port.

NMDC Group PJSC, with its head office in Abu Dhabi, UAE, works throughout the Middle East and beyond, it is a well-known name in the engineering, marine dredging, procurement, and construction sectors.

While highlighting the significance of the MoU, Unmesh Sharad Wagh, IRS, Chairman, JNPA and CMD, VPPL, said, “The MoU between JNPA and NMDC Group PJSC is a significant step towards developing Vadhvan Port as a world-class maritime hub. This collaboration brings global expertise to one of India’s most ambitious port projects, ensuring its strategic and sustainable development. With progress ahead of schedule, we are committed to accelerating infrastructure development and enhancing India’s port capabilities to meet future trade demands.”

Earlier, several MoUs were signed for VPPL in the presence of Sarbananda Sonowal, Union Minister of Ports, Shipping and Waterways and Shantanu Thakur, Union Minister of State for Ports, Shipping and Waterways, during their visit to JN Port.