Adani Ports and SEZ (APSEZ) signed two memorandums of understanding (MoUs) with the Jawaharlal Nehru Port Authority (JNPA) on 28 October, 2025, marking a significant step in the development of the Vadhavan port in Palghar district.

The projects, worth Rs 53,000 crore, include the development of key infrastructure at the upcoming port. APSEZ has expressed interest in developing three of the nine container terminals and other associated infrastructure. The first MoU, valued at Rs 25,000 crore, covers cargo terminals, marine services, intermodal connectivity, digital solutions, and training.

The second, worth Rs 26,500 crore, involves land reclamation and offshore protection bund construction under a public-private partnership. Vadhavan Port, co-owned by JNPA and Maharashtra Maritime Board, is a major infrastructure project for India's maritime future.