India’s largest public port project gains momentum with a key offshore contract.
Afcons Emerges as the Lowest Bidder for Vadhvan Port Breakwater with ₹5,301 Cr Quote.
Afcons Infrastructure, the flagship EPC arm of the Shapoorji Pallonji Group, has emerged as the lowest bidder for constructing a 10.14-km-long breakwater at the upcoming Vadhvan Port in Maharashtra. The ₹5,301.25 crore bid is close to the project estimate prepared by Vadhvan Port Project Ltd, the special purpose vehicle implementing the mega port. The breakwater, the longest ever planned for an Indian port, is a critical offshore structure designed to protect the harbour from waves. A consortium of Larsen & Toubro and Archirodon Group placed the second-lowest bid, followed by a JV between Cemindia Projects and NMDC Dredging & Marine. Vadhvan Port, majority owned by Jawaharlal Nehru Port Authority, is envisioned as India’s biggest public port with a capacity of 298 million tonnes annually. The award marks a major step forward as land acquisition and connectivity projects progress rapidly.