Vadhavan Port: Rs 21,000 crore comitted by Power Finance Corporation
Central Public Sector Undertaking (CPSU) Power Finance Corporation (PFC) has committed Rs 21,000 crore for India's largest-ever container port, the Vadhavan Port. The project is to be developed by the Vadhavan Port Project Ltd, a special-purpose vehicle (SPV) formed by the Jawaharlal Nehru Port Authority and the Maharashtra Maritime Board.
PM Modi is likely to visit Maharashtra on August 30th, 2024 for the project's foundation stone laying ceremony.
Also Read: Cabinet clears Rs 76,200 crore worth Vadhavan port project