Why in the News?

The Vadhavan Port Project Ltd. (VPPL) has started the procedures to build a port with an estimated cost of ?76,220 crore. Public hearings are expected to commence in the coming months.

About Vadhavan Port:

• The Vadhavan Port is a proposed deep-sea port to be located in Palghar District, Maharashtra.
• It is expected to be one of the largest ports in the world, with a capacity to handle over 20 million TEUs (twenty-foot equivalent units) of containers per year.
• The port is being developed by a joint venture between the Jawaharlal Nehru Port Authority (JNPA) and the Maharashtra Maritime Board (MMB).
• The Vadhavan Port is being designed as a "green port" with a focus on sustainability.
• The port will use renewable energy sources and implement energy efficiency measures.
• The port will also have a dedicated waste management system to minimize environmental impact.
• It is expected to be operational by 2040 and is a critical project for India's economic growth and development.
• The Vadhavan Port is expected to be a major boost to the Indian economy.
• It will create thousands of jobs and attract billions of dollars in investment.
• The port will also help to reduce congestion at the JNPA, which is currently India's busiest container port.
• The Vadhavan Port is a major infrastructure project that is expected to have a significant impact on India's economy and society.