Monday, February 23, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Tenders

Tender: Rs.887cr approved for Mumbai Marina

Fiinews by Fiinews
December 20, 2025
in Tenders
Reading Time: 3 mins read
A A
0
PIB

Artistic Impression of the proposed ‘Viksit Bharat Mumbai Marina’ being developed by Mumbai Port Authority to promote world-class maritime tourism infrastructure.

0
SHARES
21
VIEWS
LinkedinShare on Twitter

Govt sanctioned 40 tourism projects for Rs.3,295.76cr

The Government has approved plans to develop a world-class marina in Mumbai Harbour at an estimated cost of Rs.887 crore, a move expected to give a significant push to coastal shipping, maritime tourism and waterfront-led urban development in the country’s financial capital https://www.conexpoconagg.com/.

The proposed ‘Viksit Bharat Mumbai Marina’ has been cleared by the Ministry of Ports, Shipping and Waterways.

Speaking on the occasion, the Minister of Ports, Shipping & Waterways Sarbananda Sonowal said on 18 Dec, “This approval of the ‘Viksit Bharat Mumbai Marina’ marks an important step in our efforts to strengthen coastal shipping and maritime tourism.

“The project will create world-class infrastructure, open the waterfront for public use, encourage private investment and generate new employment opportunities. It will help position Mumbai as a global maritime tourism hub while advancing India’s broader blue economy goals.”

The project will be implemented through a hybrid development model, under which the Mumbai Port Authority will invest about Rs.470 crore to construct the core marina infrastructure on an EPC basis, while a private operator will develop onshore facilities with an estimated investment of Rs.417 crore http://commerce.gov.in.

The ministry has approved the port authority’s investment, and tenders have been floated, with bids scheduled to close on 29 Dec. 2025.

Planned over nearly 12 hectares of water area, the marina will have the capacity to berth 424 yachts of up to 30 metres in length. Marine infrastructure will include an approach trestle, piled breakwater, service platforms, pontoons and gangways designed to support safe and efficient yacht operations.

Onshore facilities to be developed by the private operator will include a marina terminal building, a Namo Bharat International Sailing School, a maritime tourism development centre, hotel and clubhouse facilities, a skill development centre, and yacht stacking and repair infrastructure https://www.nseindia.com/.

The project aligns with key national frameworks such as Maritime India Vision (MIV) 2030, Maritime Amrit Kaal Vision (MAKV) 2047, the Sagarmala Programme and the Cruise Bharat Mission, as well as the Port Master Plan 2047 of Mumbai Port Authority.

Separately, the Government has sanctioned 40 projects for Rs.3295.76 crore in the country under the Ministry of Tourism during Financial Year 2024-25 as part of ‘Special Assistance to States for Capital Investment (SASCI) – Development of Iconic Tourist Centres to Global Scale’ https://www.bseindia.com/.

Minister for Tourism and Culture Gajendra Singh Shekhawat gave details of the developments in a written reply in Rajya Sabha on 18 Dec.

The projects under the scheme were identified based on the project proposals submitted by the concerned State Governments, its examination on the prescribed parameters to access destination potential and preparedness; such as connectivity to the site, tourism ecosystem, carrying capacity, sustainability measures, sustainable operation and management, project impact and value created, tourism marketing plans etc. and as per the institutional framework detailed in the scheme guidelines.

The scheme guidelines also encourage the State Governments to undertake consultations with stakeholders and local community representatives while preparing Detailed Project Reports (DPRs).

These sanctioned projects are implemented and managed by the concerned State Government. However, Ministry of Tourism periodically reviews the progress of the projects sanctioned under SASCI scheme and encourages the State Governments to expedite progress of projects in a time bound manner, he said. fiinews.com

Tags: Ministry of Tourism
ShareTweetShare

Related Posts

PIB
Tenders

Tender: CSL to build six vessels for CMA CGM

by Fiinews
February 20, 2026
0
13

Sonowal highlights Indian-French strategic partnership India’s ongoing maritime sector reforms are translating into concrete outcomes in shipbuilding and green shipping,...

NHAI
Tenders

Tender: NHAI monetize 310.35-km highway

by Fiinews
February 18, 2026
0
15

InvITs plays critical role in channelizing financial capital NHAI has accepted the offer of ‘National Highways Infra Trust’ (NHIT) amounting...

Rahsta Expo

Tender: Cabinet approves large-scale projects

February 17, 2026
11
7th Rail Metrotech Expo India 2026.

Tender: 3 multi-tracking projects approved

February 17, 2026
17
PIB

Tender: CCEA approves underwater tunnel

February 16, 2026
18
K rail

Tender: DPR done for Kerala semi-high-speed rail

February 14, 2026
13
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Project: Rapid Rail-Meerut Metro inaugurated
  • Export: India ships pharmaceuticals to 200 markets
  • Manufacture: Foxconn in India is win-win for world
  • Export: India-Brazil need stronger engagement
  • Manufacture: Adani-Embraer to assemble E175 jet

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.