A Memorandum of Understanding(MoU) has been signed between Reliance Industries Ltd and Vadhvan Port Project Ltd (VPPL) on Tuesday for setting up a liquid jetty at the upcoming Vadhvan port in Maharashtra.
Under this agreement signed in presence of Sarbananda Sonowal, Union minister for Ports, Shipping and Waterways, an investment of ₹645 crore will be made and the jetty will be allocated along with 50 acres under the PPP model. This jetty is likely to commence by 2030, an official release stated. A second MoU between VPPL and Dr Balasaheb Kokan Krishi Vidyapeeth Dapoli (DBKKVD) was also signed for development and implementing integrated agricultural and horticultural plan for shortlisted villages in Dahanu and Palghar in and around Vadhavan.
Agro processing facility
As part of the ₹2,000 crore capacity enhancement projects at Jawaharlal Nehru Port Authority (JNPA), Minister Sarbananda Sonowal launched the development of a state-of-the-art ₹284 crore agro processing facility. Designed to handle approximately 1.2 million tonnes of cargo annually, the facility within the port complex will offer comprehensive services including processing, sorting, packing, and laboratory facilities to ensure compliance with food safety and trade regulations. The facility is strategically developed to serve not only Maharashtra but also agricultural producers and traders from states like Madhya Pradesh and Gujarat, promoting seamless export-import and domestic trade of agro commodities.
Another MoU was signed to pave the way for setting up of a warehousing facility in the port area under JNPA’s initiative to monetise vacant land parcels along with capacity development. An investment of ₹300 crore is being fixed for the development of these ambient and temperature controlled warehousing and CFS facilities. Once fully operational, it will generate 1,20,000 TEU’s annually.
Apart from these, MoUs were signed to develop port facilitation centre along with a business facilitation centre. Sonowal also performed Bhoomi Pujan for development of a CBSE school within the port premises.
