Indian and global financial institutions such as Power Finance Corporation, Rural Electrification Corporation and Japan International Cooperation Agency have shown interest to fund the ₹76,220-crore Vadhavan Port project which was approved by the Union Cabinet on Wednesday, Unmesh Wagh, Chairman, Jawaharlal Nehru Port Authority said on Thursday. “Two financial institutions – PFC and JICA – have shown their willingness to …
Prime Minister Narendra Modi called the day a key milestone in India’s development and said Vadhavan would be the country’s largest container port. Here’s why the Rs 76,200-crore project, around 130 kilometres from Mumbai, could be a game-changer for India The port, which will cost Rs 76,200-crore, will be built by Vadhavan Port Project Limited — a special purpose vehicle …
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