Realty Today25 Sep 2026AI generated
Vadhvan Port confirmed receipt of four bids for the ₹22,323 crore HAM offshore works package after deadlines closed.
- Adani Ports and SEZ, DP World, NMDC Dredging & Marine, Vishwa Samudra
- 1,207 hectares of dredging, reclamation and protection bund across two phases
- 45% of project cost paid during construction; 55% via annuity
- 15-year concession: 5 years construction, 10 years O&M
- Financial bids open after security clearance; lowest bidder wins.
HAM — Hybrid Annuity Mode, a PPP model with government and private cost sharing.
Context
The field doubled from two early bids in mid-September, when DP World and a Boskalis-NMDC JV had filed and the Adani consortium missed the original 17 September deadline.
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