Fisheries and Ports Minister Nitesh Rane has directed officials to establish a single-window system for project approvals under the Maharashtra Maritime Board. This initiative aims to simplify the current process, which involves multiple departmental clearances. Rane also emphasized finalizing rental rates for stalls and expediting hoarding installations by November.
JSW Infrastructure Ltd. has been granted a letter of intent from the Maharashtra Maritime Board for a multipurpose port in Palghar. The project aims to boost economic activity and job opportunities in the region. With plans to increase capacity to 400 MTPA by FY30, this development aligns with the company’s growth strategy.
The Vadhavan Port project will be undertaken under the PPP mode, with a total cost of Rs. 17,709 crore for land reclamation and dredging, and Rs. 38,976 crore for other infrastructure works. This marks a shift from the previous plan of EPC funding by JNPA and MMB, with private operators covering the remaining Rs. 37,244 crore.
The waterway service is set to boost tourism in two cities, saving motorists around 50 minutes. However, regular office-goers may not find relief from crowded trains and congested roads. The Maharashtra Maritime Board conducted trial runs for the 3.50 km route by water, with 100 passengers and 33 vehicles per trip.
