The Vadhavan Port has inked major pacts worth Rs 5,700 crore for the proposed facility in Maharashtra’s Palghar district. 

The MoUs signed in the presence of Union Shipping Minister Sarbananda Sonowal and Minister of State Shantanu Thakur comprise the construction of a dedicated terminal for chemical products and a specialised jetty for liquid cargo.

The port, which is set to become India’s 13th largest container port, is being constructed with an estimated overall investment of Rs 76,000 crore and will have nine terminals. 

Of these, two terminals are specifically designed for the handling of liquid and related cargo.

Significant among the agreements is a Rs 4,200-crore investment pact with Gandhar Refineries for the establishment of a terminal that will solely handle large-scale cargo, containers, and liquid chemicals.