NMDC Group to Advance JNPA’s Vadhvan Port Development

NMDC Group PJSC signs MoU for Vadhvan Port development
Jawaharlal Nehru Port Authority partners with NMDC Group PJSC to develop Vadhvan Port Project Ltd., aiming to boost India's port infrastructure. The agreement signed on February 18th, 2025, signifies JNPA's commitment to making Vadhvan Port a global hub. NMDC Group PJSC plans to invest Rs 21,000 crore in dredging and reclamation for Vadhvan Port's development.
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Jawaharlal Nehru Port Authority has partnered with NMDC Group PJSC to develop the Vadhvan Port Project Ltd., marking a significant collaboration aimed at enhancing India’s port infrastructure. The agreement, signed on February 18th, 2025, exemplifies JNPA’s commitment to transforming Vadhvan Port into a top global port of the future. The MoU was exchanged between Unmesh Sharad Wagh, IRS, Chairman of JNPA and CMD of VPPL, and Yasser Zaghloul.

NMDC Group PJSC has proposed an investment of approximately Rs 21,000 crore for the development of Vadhvan Port’s Land Offshore by Dredging, Reclamation, and Shore Protection. This investment underscores NMDC Group PJSC’s dedication to India’s maritime growth. With its headquarters in Abu Dhabi, UAE, the company is a reputable player in engineering, marine dredging, procurement, and construction sectors, operating across the Middle East and beyond.

Chairman Unmesh Sharad Wagh emphasized the importance of the MoU, stating that the partnership between JNPA and NMDC Group PJSC is a significant stride towards establishing Vadhvan Port as a world-class maritime hub. This collaboration brings global expertise to India’s ambitious port project, ensuring strategic and sustainable development. With progress exceeding expectations, the focus remains on accelerating infrastructure development to meet future trade demands.

Previously, multiple MoUs for VPPL were signed in the presence of Union Minister of Ports, Shipping, and Waterways Sarbananda Sonowal and Union Minister of State for Ports, Shipping, and Waterways Shantanu Thakur during their visit to JN Port. The partnership between JNPA and NMDC Group PJSC signifies a major step in advancing Vadhvan Port’s development as a key maritime destination.

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