Adani Ports and Special Economic Zone (APSEZ) has expressed interest in participating in the construction of the ₹76,200 crore Vadhvan port project in Maharashtra. The greenfield port, being developed near Palghar, is designed to become one of India’s largest container hubs with a total planned capacity of 24.5 million TEUs.
“Vadhvan is a great project. We already started studying and we are in the project study stage. I do believe that this will be the next level of the port in India, and I think we all have to make it successful,” said Ashwani Gupta, Whole-time Director & CEO, APSEZ.
The port will be developed by Vadhvan Port Project Ltd, a special purpose vehicle backed by Jawaharlal Nehru Port Authority (JNPA) and the Maharashtra Maritime Board (MMB). Phase-1 is expected to handle 6.85 million TEUs by 2030, scaling up to 23.2 million TEUs in Phase-2.
Gupta emphasized that such large-scale projects are crucial to achieving India’s target of creating 10 billion tonnes of port capacity by 2047. “With a 33% market share target, APSEZ must be part of this big capacity expansion,” he added.
Alongside Vadhvan, APSEZ plans capacity expansions across its existing ports including Mundra, Hazira, Gangavaram, Vizhinjam and Colombo, with a focus on the fast-growing container cargo segment.