Vadhavan Port is a joint venture between two primary partners
Jawaharlal Nehru Port Authority (JNPA)
This is a government-owned entity that manages India's largest container port - Jawaharlal Nehru Port (JNPT) located near Mumbai. JNPA holds a 74% stake in the Vadhavan Port project. Their experience in port management will be crucial for Vadhavan's successful development and operation.
Maharashtra Maritime Board (MMB)
This is a state-owned organization responsible for promoting and developing maritime infrastructure in Maharashtra. MMB holds a 26% stake in the Vadhavan Port project. Their knowledge of the local maritime landscape and regulations will be valuable for the project. It's important to note that while JNPA and MMB are the primary partners, there might be additional collaborations in the future. Here's why:
Public-Private Partnership Model (PPP)
The Indian government is considering a PPP model for developing certain aspects of Vadhavan Port. This could involve private companies partnering with JNPA and MMB to build and operate specific terminals or facilities within the port.
Expressions of Interest
Several international container terminal operators have already shown interest in collaborating on the Vadhavan Port project. These companies include giants like DP World, APM Terminals, PSA International, and CMA CGM
