Vadhavan Port Gets Green Nod: Cabinet Approval Next
Feb 16, 2024 19:04
Vadhavan Port in Maharashtra receives environmental clearance. The Rs 76,220 crore project will soon seek cabinet approval, says Union Minister Sarbananda Sonowal.

New Delhi, Feb 16 (PTI) The Vadhavan Port in Palghar district of Maharashtra, has received environmental clearance from the Ministry of Environment, Forest and Climate Change and the shipping ministry will soon seek cabinet approval for the Rs 76,220 crore project, Union minister Sarbananda Sonowal said on Friday.
The Vadhavan Port is being developed by the Jawaharlal Nehru Port Trust (JNPT) and the Maharashtra Maritime Board and has received in-principle approval from the Centre on February 13, 2020, while the terms of reference (ToR) were approved on October 7, the same year.
"The Union Environment Ministry has given clearance to the Vadhavan Port project... We are soon going to get cabinet approval (for the project)," the Ports, Shipping and Waterways minister told reporters here.
The port, with an estimated construction cost of Rs 76,220 crore, was approved by the Dahanu Taluka Environment Protection Authority (DTEPA) on July 31, 2023.
The plan to set up a port at Vadhavan has been opposed by locals, farmers and fishermen.
A public hearing for people to air their grievances and give suggestions for the upcoming mega Vadhavan port in Palghar district in Maharashtra was held last month.
Vadhavan port has natural depth and proximity to inland clusters, and is located close to the upcoming dedicated freight corridors, which will reduce maintenance cost.
The project will have sophisticated cargo handling systems with minimal environmental impact.
The new port will be developed by Vadhavan Port Project Ltd, a joint venture between JNPA (74 per cent stake) and Maharashtra Maritime Board (26 per cent stake), in two phases under the landlord model as per the government policy.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
MORE NEWS
Tata Power Solarizes 230 Institutions in...
Tata Power has installed solar panels at over 230 public institutions in Maharashtra,...
Adani Ports Acquires Australian Terminal for...
Adani Ports & SEZ Ltd. announces a USD 2.4 billion non-cash acquisition of a coal...
RBI Fines Kotak Mahindra, IDFC First, PNB for...
The Reserve Bank of India (RBI) has imposed penalties on Kotak Mahindra Bank, IDFC...
FIU-IND, RBI Pact for Anti-Money Laundering...
FIU-IND and RBI signed a pact for enhanced coordination and information exchange to...
Gujarat Heritage Sites Attract 37 Lakh Tourists...
Gujarat's 18 heritage sites, including 4 UNESCO World Heritage Sites, attracted over 36...
Anti-Piracy Tech Innovations: 7 Finalists for...
Seven finalists, including Aezowie Infotech, Atomstate, and Nuronics, will present...
Tata Steel Hits 1 Million Tonnes of Tube...
Tata Steel's tubes division has reached a milestone of 1 million tonnes of production...
Tata Steel Tubes Division Hits 1 Million Tonnes...
Tata Steel's Tubes Division achieved a milestone of 1 million tonnes in production and...
Gold and Silver Rates Today in Bengaluru
Get the latest bullion rates for gold and silver in Bengaluru. Check today's prices for...
India's Sugar Output Down 18% in 2024-25: ISMA
India's sugar production has fallen to 25.49 million tonnes in the 2024-25 season, down...
Read More »