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Mumbai Port Floats ₹2,922 Crore Marina Development Tender

Mumbai Port Floats ₹2,922 Crore Marina Development Tender
Mumbai Port Authority Floats Global Tender For ₹2,922 Crore World-Class Marina With Up To 696 Berths · freepressjournal.in

Mumbai Port Authority has invited companies from around the world to bid on a large marina project.

The project is expected to cost ₹2,922 crore.

It would start with 424 berths where boats can be kept, and could grow to 696.

The marina would be built in protected water and on nearby land across from the Domestic Cruise Terminal.

Plans include places to service boats, a sailing school, and a marina club.

A five-star hotel and tourism business centre are also planned.

The selected company would help finance, build, run, and eventually transfer the project under a 45-year agreement.

The port authority says the marina is intended to support tourism and recreation in Mumbai harbour.

Key facts

Estimated project cost
₹2,922 crore
Concession period
45 years
Initial wet berths
424
Potential berth capacity
Up to 696
Protected water area
39.86 hectares
Onshore area
About 7.30 hectares
Permissible built-up area
106,000 square metres

Sources

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