Afcons Bags ₹5,301 Crore Mega-Marine Contract for Vadhvan Port

Afcons Infrastructure Ltd has secured a ₹5,301 crore contract from Vadhvan Port Project Limited (VPPL) for the construction of a 10.14-km-long breakwater at the upcoming Vadhvan Port in Maharashtra, marking a significant milestone in one of India’s most ambitious maritime infrastructure projects.

The breakwater, once completed, is expected to be the second-longest of its kind in the world and will play a crucial role in protecting the port’s harbour and ensuring smooth maritime operations. The project underscores India’s growing capability to deliver large-scale and technically complex coastal infrastructure.

Commenting on the development, Afcons Infrastructure Managing Director S. Paramasivan said the project reflects the country’s expanding expertise in executing world-class infrastructure and reinforces the company’s position as a leading player in the marine construction sector.

Vadhvan Port Project Limited, the special-purpose vehicle overseeing the development of the port, is majority-owned by the Jawaharlal Nehru Port Authority (JNPA). The greenfield deep-draft port project, with an estimated investment of ₹76,220 crore, is expected to emerge as a major gateway for international trade and significantly enhance India’s maritime capacity.

According to earlier industry reports, Afcons emerged as the lowest bidder for the contract with a bid of around ₹5,111 crore. Other contenders included a consortium of Larsen & Toubro and Netherlands-based Archirodon Group, which submitted a bid of ₹5,383 crore, while a joint venture comprising Cemindia Projects Ltd, Renew Exim DMCC, and NMDC Dredging & Marine quoted ₹5,394 crore.

Afcons Executive Chairman Krishnamurthy Subramanian described the breakwater as a strategic component of the Vadhvan Port project, stating that it will support India’s long-term vision of becoming a leading global maritime and logistics hub. The project is expected to strengthen port infrastructure, boost trade competitiveness, and contribute to the country’s broader economic growth objectives.

News by Rahul Yelligetti.