Two groups bid for ₹19,239 crore Vadhvan Port contract
market hours1 source ↓written by the desknot a recommendation
- dredging and reclamation
- ₹19,239 crore
Two bidding groups are competing for a ₹19,239 crore dredging and reclamation contract for Vadhvan Port in Maharashtra. One group includes Royal Boskalis and NMDC Dredging & Marine, while the other comprises Adani Ports, Van Oord, Jan De Nul, and ISDPL.
This contract, structured under PPP Hybrid Annuity Mode, represents a significant opportunity in India's port development sector, potentially impacting market sentiment for involved companies.
Not investment advice. For informational purposes only.