Latest news with #VadhavanPortProjectLimited


Time of India
4 days ago
- Business
- Time of India
Vadhavan offshore airport work likely to begin in '26: CM
Mumbai: "I'm hoping that we're able to begin the work on Vadhavan offshore airport in 2026," said chief minister Devendra Fadnavis at an aviation conference held in Mumbai on Friday. "We've appointed an agency to work on the Detailed Project Report (DPR)," he said, adding that Vadhavan airport will be the Mumbai Metropolitan Region's (MMR) third airport. "When we can reclaim land and build an offshore port at Vadhavan, why not build an offshore airport as well," said Fadnavis. After decades-long wait, the MMR region is set to get its second airport at Navi Mumbai soon. Currently, all airline flights land and take off from a single runway at the congested Mumbai airport. You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai Plans to build an offshore runway and airport in Vadhavan at a cost of Rs 76,220 crore were announced in November last year by Prime Minister Narendra Modi. The Vadhavan Port, approved by the Union cabinet in June 2024, is set to become the largest seaport in India. A special purpose vehicle, the Vadhavan Port Project Limited (VPPL), owned by Jawaharlal Nehru Port Authority (JNPA) with a 74% stake and the Maharashtra Maritime Board (MMB) holding 26%, has been created to build the port project. The Navi Mumbai airport is expected to begin operations before the commencement of the winter schedule, which runs from Oct-end to March-end. Currently, a pre-feasibility study for the offshore Vadhavan airport is underway. Sources said the report is expected in three months.


Time of India
25-06-2025
- Politics
- Time of India
Villagers protest against technical survey for Vadhavan port project in Palghar district
Palghar: A section of villagers on Wednesday protested against a technical survey being conducted at the site of the proposed deep seaport at Vadhvan in Palghar district of Maharashtra, claiming the project would snatch their livelihood. A police officer, however, claimed the survey was called off due to inclement weather and rain and not because of demonstration. A video of the villagers from Vadhavan and surrounding hamlets carrying banners demanding the cancellation of the project has gone viral. The protesters, most of whom depend on the sea for their livelihoods, expressed concerns about their displacement due to the project. You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai "ITDC (agency) had undertaken a technical survey using a drone to access the low and high tides for environmental reports," a local official said. Boisar sub-divisional police officer Vikas Naik said the technical survey had to be called off due to the inclement weather and rain. "There was no agitation at the site. Some people had come to the spot to enquire about the activity. They dispersed peacefully after police and officials explained to them about the ongoing work," he said. The development of a Rs 76,200 crore all-weather greenfield deep draft major Port at Vadhavan was approved by the Union Cabinet in 2024. The project will be constructed by Vadhavan Port Project Limited, an SPV formed by Jawaharlal Nehru Port Authority and Maharashtra Maritime Board, with a shareholding of 74% and 26%, respectively.