Rs.76,000cr Vdhvan Port to be world-class maritime gateway
The Prime Minister, Narendra Modi, has inaugurated and laid the foundation stones of multiple development projects in Palghar, Maharashtra, on 30 Aug.
The projects include laying the foundation stone of Rs.76,000 crore Vadhvan Port, and inauguration and laying the foundation stones of 218 fisheries projects worth around Rs.1,560 crore globaltenders .
The Vadhvan Port meed tenders aims to establish a world-class maritime gateway that will boost the country’s trade and economic growth by catering to large container vessels, offering deeper drafts, and accommodating ultra-large cargo ships sbi .
PM Modi also launched the national rollout of Rs.360 crore Vessel Communication and Support system ted.europa.eu/en/.
Details of key projects:
Vadhvan Port, located near Dahanu town in Palghar district, will be one of India’s largest deep-water ports and will provide direct connectivity to international shipping routes, reducing transit times and costs ipa . Equipped with state-of-the-art technology and infrastructure, the port will feature deep berths, efficient cargo handling facilities, and modern port management systems nse .
The port is expected to generate significant employment opportunities, stimulate local businesses, and contribute to the overall economic development of the region bse .
The Vadhvan Port project incorporates sustainable development practices with a focus on minimizing environmental impact and adhering to stringent ecological standards. Once operational, the port will enhance India’s maritime connectivity and further strengthen its position as a global trade hub conexpoconagg.
The 218 fisheries projects, costing around Rs.1,560 crore, aim at bolstering the sector’s infrastructure and productivity across the nation. These initiatives are expected to generate more than five lakh employment opportunities in the fisheries sector jpx .
The National Roll Out of Vessel Communication and Support system will have 1 lakh transponders to be installed in a phased manner on mechanized and motorized fishing vessels in 13 coastal States and Union Territories deutsche-boerse .
The vessel communication and support system is indigenous technology developed by ISRO, which will help in establishing two-way communication while fishermen are at sea. It will also help in rescue operations as well as ensure the safety of fishermen. Fiinews.com
