About VPPL
Vadhvan Port Project Limited (VPPL), incorporated on September 14, 2016, is a Joint Venture Company between India’s premier Container handling port Authority i.e., Jawaharlal Nehru Port Authority (JNPA, an organization controlled by Gol) and Maharashtra Maritime Board (MMB, established and owned by the GoM). JNPA holds 74% equity in VPPL while MMB holds 26% equity.
The Memorandum of Understanding (MoU) was executed between JNPA and MMB on June 5, 2015. VPPL has been incorporated for developing and implementing the proposed deep draft all weather greenfield “Vadhvan Port” in the western coast of India at Vadhvan, Palghar, Maharashtra where natural deep water depth of 20 m is available at 10 km.
This proposed port is being developed under the Landlord model and has been notified by Gol as a “Major Port” in the Government Gazette on February 19, 2020.
Mission
- Develop a deep-draft major port of global standards.
- Create an efficient logistics ecosystem with seamless road and rail connectivity
- Ensure sustainable practices with minimal environmental impact
- Generate large-scale employment and skill development opportunities
- Foster inclusive socio-economic growth in the Palghar and Dahanu region
