DEVELOPMENT AND MAINTENANCE OF LAND TO BE CREATED IN OFFSHORE OF VADHVAN COAST BY DREDGING, RECLAMATION & CONSTRUCTION OF OFFSHORE PROTECTION BUND FOR VADHVAN PORT ON PPP (HAM & ANNUITY MODEL)
Project Vadhvan Port
Vadhvan Port Project Limited (VPPL), a Special Purpose Vehicle (SPV) formed for implementation of the project with equity from Jawaharlal Nehru Port Authority (JNPA) and Maharashtra Maritime Board (MMB). The port will be deep draft modern technology smart container port with green initiatives for handling more than 24,000 TEUs vessels.
The port shall be developed on landlord model with a basic infrastructure of the port necessitating upfront investment such as breakwater, rail and road connectivity, power, water lines and common infrastructure and services will be developed by the SPV and Government Partners. Whereas, dredging, reclamation, shore protection bund for land creation in offshore area will be offered for development under suitable PPP models (HAM or Annuity).
Subsequently, the Cargo / Container Terminals including the cargo handling infrastructure will be developed and operated by the Agencies who are awarded concessions as per PPP Policy of MoPSW.
Project Reclamation & Dredging
VPPL’s objective is to carry out dredging and develop land in offshore region through reclamation and shore protection under PPP mode and proposes to identify a private partner for development.
JNPA invites Expressions of Interest (“EOI”) from investors/ developers for the purpose of assessing the interest among parties in the market. Whereafter, the project will be suitably structured by adopting most feasible options so that Private Sector will participate in developing the land in the offshore for the Vadhvan Port.
The document containing details of application for EOI can be downloaded from http://eprocure.gov.in from 23/07/2024 and details about the project from VPPL Official Website www.vadhvanport.in.
Pre-Application conference will be on 01/08/2024 at 15th Floor, Express Tower, Nariman Point, Mumbai 400 021.
The last date for receipt of EoI is 20/08/2024.