Adani Group Shows Interest in ₹53,000 Crore Projects at Vadhavan Port.

Adani Ports and Special Economic Zone (APSEZ), led by Gautam Adani, has expressed interest in participating in projects worth ₹53,000 crore at the upcoming Vadhavan Port near Mumbai. The company signed two memoranda of understanding with the government-run Jawaharlal Nehru Port Authority (JNPA), which holds the majority stake in the port project being developed off the Palghar coast in the Arabian Sea.

The first MoU, signed by APSEZ Chief Executive and Whole-Time Director Ashwani Gupta, outlines the company’s intent to engage in offshore projects valued at ₹26,500 crore. The second agreement signals APSEZ’s interest in developing a container terminal at the port, also worth ₹26,500 crore.

JNPA Chairman Unmesh Wagh said Vadhavan Port is poised to become one of the world’s top 10 ports by size from its first day of operations. He added that the Adani Group has expressed interest in participating in one of the proposed nine container terminals, along with offshore works such as constructing a breakwater.

Wagh clarified that the MoUs represent expressions of intent, and final participation will depend on APSEZ’s bids during the formal tendering process. JNPA holds a 76 percent stake in the project, while the remaining 24 percent is owned by the Maharashtra Maritime Board.

The agreements at Vadhavan follow APSEZ’s announcement a day earlier to invest ₹42,500 crore in expanding Maharashtra’s Dighi Port, further strengthening the company’s port network along India’s western coast.