Core Announcement – Order Details
Awarding Entity: Vadhvan Port Project Limited (VPPL)
Domestic/International Order: Domestic (India)
Nature of Order/Contract: Construction of a 10.14 km-long breakwater at the upcoming Vadhvan Port in Maharashtra. This is a marine infrastructure project.
Order Value: ₹5,301 crores (Excluding GST)
Materiality Context: Described as a "landmark" project. When completed, it will be the second longest breakwater in the world. The project is positioned as a strategic enabler for India's ambition to become a global maritime hub.
Execution Timeline: Not Specified
Revenue Recognition / Billing Structure: Not Specified
Key Terms & Payment Milestones: Not Specified
Whether Related Party Transaction: No
Promoter Group Involvement: Not Specified
Financial Implication: Not Specified