https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

JNPA Signs MoU with NMDC Group PJSC for Vadhvan Port Development

Under the agreement, NMDC Group PJSC has proposed an investment of Rs. 21,000 crore for the development of the Land Offshore of Vadhvan Coast, covering dredging, reclamation, and shore protection
Indian Masterminds Stories

The Jawaharlal Nehru Port Authority (JNPA) has signed a Memorandum of Understanding (MoU) with NMDC Group PJSC (formerly National Marine Dredging Company PJSC) on February 18, 2025, for the construction of the Vadhvan Port Project Ltd (VPPL).

Also Read: Shipping Corporation of India Reports 43.78% Decline in Q3 Net Profit

This strategic partnership aims to transform Vadhvan Port into one of the top 10 ports globally, reinforcing JNPA’s commitment to enhancing India’s port infrastructure. The MoU was exchanged between Mr. Unmesh Sharad Wagh, Chairman, JNPA & CMD, VPPL, and Mr. Yasser Zaghloul of NMDC Group PJSC.

Under the agreement, NMDC Group PJSC has proposed an investment of Rs. 21,000 crore for the development of the Land Offshore of Vadhvan Coast, covering dredging, reclamation, and shore protection. With its headquarters in Abu Dhabi, UAE, NMDC Group PJSC is a renowned player in the engineering, marine dredging, procurement, and construction sectors across the Middle East and beyond.

Speaking on the occasion, Mr. Unmesh Sharad Wagh stated, “The MoU between JNPA and NMDC Group PJSC is a significant step towards developing Vadhvan Port as a world-class maritime hub. This collaboration brings global expertise to one of India’s most ambitious port projects, ensuring its strategic and sustainable development. With progress ahead of schedule, we are committed to accelerating infrastructure development and enhancing India’s port capabilities to meet future trade demands.”

Previously, several MoUs for VPPL were signed in the presence of Mr. Sarbananda Sonowal, Union Minister of Ports, Shipping and Waterways, and Mr. Shantanu Thakur, Union Minister of State for Ports, Shipping and Waterways, during their visit to JN Port.

Also Read: REC Foundation Partners with Sankara Eye Hospital for ‘Eye Care for All’ Initiative


Indian Masterminds Stories
Related Stories
NEWS
IRFC
Hindu College Inaugurates Public Policy Lab in Collaboration with IRFC
Shantanu Roy BEML Limited
BEML CMD Shantanu Roy Honoured with Samarpan PSU Award for Exemplary Leadership
Swapneel Paul IAS
Tinsukia's District Commissioner, IAS Swapneel Paul, Bags Prime Minister's Award for Excellence in Public Administration 2024
MoRTH
GPS-Based Toll Collection: MoRTH Clarifies No Nationwide Rollout from May 1; Know All About the Innovative Toll System
NFL _ National Fertilizers Limited
NFL to Acquire 18% Stake in ₹10,601 Crore Urea Plant JV in Assam
HPCL Mittal Energy MoU
HMEL Signs MoU with IIT Kanpur to Boost Innovation in Sustainable Energy Technologies
Maharashtra govt-logo
2 IAS Officers Appointed to Key Roles in Maharashtra, Jayshree Bhoj Made Secy, Environment
India’s Natural Gas Demand
Govt Strengthens Domestic Gas Allocation Policy to Ensure Affordable, Clean Energy Access
Videos
IRS Padmapani Bora UPSC
IRS Padmapani Bora’s 16-Year-Long Journey in Governance
WhatsApp Image 2025-04-13 at 1.46
This Collector Finds Happiness In Squeaks Of Children With Hearing Impairment Who Start Hearing After Surgery
Meghashree D R IAS
How Wayanad’s Women Turned a Disaster into a Dream Project
UPSC Stories
IRS Padmapani Bora UPSC
IRS Padmapani Bora’s 16-Year-Long Journey in Governance
IRS officer Padmapani Bora's 16-year career transcends typical bureaucracy. Discover his surprising journey...
IAS T Rahul Kumar reddy
How This IAS Officer Overcame 4 Consecutive Mains Failures & 1 Interview Rejection
IAS Officer T. Rahul Kumar Reddy’s journey to success was marked by perseverance through six UPSC attempts....
Indrajeet Sirra IFS new
How This IFS Officer’s Journey Teaches Aspirants to Never Miss Any Opportunity in Their UPSC Dream
Indrajeet Sirra’s journey to becoming an IFS officer after five UPSC attempts teaches aspirants the importance...
Social Media
Tiger
IAS Officer Sanjay Kumar Shares Mesmerising Tigress Patrol Video from Dudhwa Tiger Reserve
In the video, the tigress is seen cooling off in her preferred waterhole before embarking on her evening...
comp-61_1744872235
Tigress Hunts Sambhar in Front of Tourists at Bandhavgarh Tiger Reserve – Video Goes Viral
The incident took place in the Chakradhara area of Tala Zone, one of the most popular safari zones in...
IAS Priyansha Garg
“Welfare and Farewell”: IAS Priyansha Garg Pens Heartfelt Note After Series of Goodbyes
“While sitting on the chair, your job is the welfare of others. You’ll take decisions for people you...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
IRFC
Hindu College Inaugurates Public Policy Lab in Collaboration with IRFC
Shantanu Roy BEML Limited
BEML CMD Shantanu Roy Honoured with Samarpan PSU Award for Exemplary Leadership
Videos
IRS Padmapani Bora UPSC
WhatsApp Image 2025-04-13 at 1.46
Meghashree D R IAS
ADVERTISEMENT
ADVERTISEMENT