Vadhavan Port signed key agreements worth an estimated 5,700 INR-Crore for its upcoming project in Maharashtra’s Palghar district. These deals include the development of a terminal for chemical products and a specialised jetty for liquid cargo.
Among the major agreements, Gandhar Refineries will invest around 4,200 INR-Crore to build a terminal. This facility will manage large-scale cargo, liquid chemicals, and containers. Additionally, the Saraf Group will develop a similar terminal with an estimated 1,000 INR-Crore investment. Meanwhile, the IMC Group signed a deal to set up a liquid cargo jetty and storage tanks. This project, worth 500 INR-Crore, will offer a total capacity of 3 lakh cubic meters.
Also Read: JNPT Greenfield Vadhavan Port, Dahanu, Maharashtra
With these deals, Vadhavan Port moves a step closer to transforming India’s maritime infrastructure. Furthermore, it will boost regional trade and offer new opportunities. The Port will also support industrial growth, ensuring long-term benefits.
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Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, the image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
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