Adani's ₹76,200 Crore Vadhvan Port: A New Maritime Giant

Adani Ports and Special Economic Zone (APSEZ) has initiated the study phase for the ₹76,200 crore Vadhvan greenfield container port project near Palghar, Maharashtra.

The project, being developed through a special purpose vehicle—Vadhvan Port Project—with equity participation from the Jawaharlal Nehru Port Authority (JNPA) and Maharashtra Maritime Board (MMB), is poised to become one of India’s largest container ports. With a planned total capacity of 24.5 million TEUs, Phase-1 (expected by 2030) will handle 6.85 million TEUs, scaling up to 23.2 million TEUs in Phase-2.

Ashwani Gupta, Whole-time Director & CEO of APSEZ, confirmed the company is in the project study stage, calling it “worth working on,” and highlighted its strategic role in meeting India’s long-term cargo capacity goals. “By 2047, India aims for 10 billion tonnes in port capacity. With a 33% market share target, APSEZ should handle over 3.5 billion metric tonnes,” he noted.

APSEZ is concurrently expanding container handling capacity at key ports including Mundra, Hazira, Gangavaram, Vizhinjam, and Colombo, in line with India’s increasing containerisation trend.

News by Rahul Yelligetti.