Port Infrastructure Revenue Recovery, Deep-Draft Upgrades, and Concession Ownership Reviews

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To fund its ambitious master plan for overhauling the city’s eastern waterfront, including world-class maritime tourism hubs, specialized water transit, and international cruise terminals, the Mumbai Port Authority (MPA) has retained top-tier law firms to recover approximately ₹3,500 crore in outstanding lease rent dues from chronic corporate defaulters. Simultaneously, India is accelerating deep-draft port infrastructure upgrades across major facilities such as Kamarajar, Paradeep, and Deendayal ports, increasing drafts from 14 to 18 meters, to accommodate 14,000–24,000 TEU “mother vessels” like the MSC Irina and capture transshipment traffic historically routed through Colombo and Singapore. Meanwhile, at Vizhinjam International Seaport, an empowered state committee led by the Chief Secretary is undergoing a 3-to-4-month evaluation regarding Adani Vizhinjam Port Pvt Ltd’s proposed 49% stake sale to Mediterranean Shipping Company’s terminal unit (TiL), balancing national security, common-user facility guarantees, and concession agreement transfer rules. Additionally, the Andhra Pradesh state government defended its transparent concession framework for the ₹20,000 crore multi-phase Ramayapatnam Port project, securing a non-dilutable 12% equity stake, a ₹1,500 crore upfront premium, and guaranteed minimum revenue sharing for the state.

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