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2026-06-26 09:21:13 am | Source: IANS
Mumbai Port unveils 63 projects worth nearly Rs 5,000 crore on 154th Foundation Day
Mumbai Port unveils 63 projects worth nearly Rs 5,000 crore on 154th Foundation Day

Mumbai Port Authority celebrated its 154th Foundation Day on Thursday and as part of celebrations presented 63 projects with a combined value of Rs 5,028.17 crore across three phases, an official statement said. 

These projects include seven for inauguration worth Rs 132.29 crore, 34 for foundation-stone laying totalling Rs 1,354.59 crore and 22 projects for announcements worth Rs 3,541.29 crore, the statement from Ministry of Ports, Shipping and Waterways said.

Senior policy makers noted that the port carries a strong legacy, and also embraces the future through initiatives in cruise tourism, waterfront development, green practices and efficient utilization of port assets.

They highlighted the port's highest-ever cargo throughput of 70 million tonnes and emphasized the importance of stakeholder collaboration in driving growth, efficiency and service excellence.

Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal congratulated the port on 154 years of service and recalled its role in Mumbai’s rise as India’s financial and commercial capital.

He said that every achievement of the institution is the collective contribution of its officers, employees, workers, port users and other stakeholders.

Mumbai Port occupies a special place in India’s maritime journey and is creating new opportunities for investment, tourism, logistics and energy security, he added.

He also highlighted initiatives such as the International Cruise Terminal, ferry jetty projects, Jawahar Dweep reclamation and energy infrastructure projects being undertaken by Mumbai Port Authority.

A Foundation Day video was screened during the program, presenting the journey of Mumbai Port Authority and its contribution to India’s maritime sector.

The programme also witnessed the exchange of the Indira Dock O&M Agreement and the Viksit Bharat Mumbai Marina Agreement. These agreements form part of Mumbai Port Authority’s ongoing efforts towards strengthening port operations, waterfront development and optimal utilization of port assets.

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