<p class="MsoNormal"><span style="font-size:14.0pt;line-height:115%;font-family:
"Times New Roman",serif">Afcons Infrastructure has secured the lowest bid (<b>L1</b>)
for a massive marine infrastructure contract at the upcoming <b>Vadhvan Port</b>
in Maharashtra. The project involves the construction of the port's critical <b>breakwater
system</b>, designed to protect the deep-draft basin from heavy sea conditions
and ensure year-round vessel operations.<o:p></o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;
font-family:"Times New Roman",serif">Project Scope & Strategic Importance<o:p></o:p></span></b></p>
<ul style="margin-top:0cm" type="disc">
<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:"Times New Roman",serif">Major
Infrastructure Milestone</span></b><span style="font-size:14.0pt;
line-height:115%;font-family:"Times New Roman",serif">: The breakwater is
a fundamental component of the Vadhvan Port development, which is being
built as a greenfield deep-sea gateway capable of handling ultra-large
container vessels.<o:p></o:p></span></li>
<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:"Times New Roman",serif">Operational
Protection</span></b><span style="font-size:14.0pt;line-height:115%;
font-family:"Times New Roman",serif">: The contract covers the
construction of protective marine structures that will safeguard the
port’s berthing facilities, enabling the port to maintain steady
operations regardless of sea intensity.<o:p></o:p></span></li>
<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:"Times New Roman",serif">Project
Value</span></b><span style="font-size:14.0pt;line-height:115%;font-family:
"Times New Roman",serif">: While final figures are pending formal award,
Afcons outbid several major engineering and construction competitors to
secure the lowest quote for this essential package.<o:p></o:p></span></li>
<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:"Times New Roman",serif">Joint
Venture Project</span></b><span style="font-size:14.0pt;line-height:115%;
font-family:"Times New Roman",serif">: Vadhvan Port is being developed by <b>Vadhvan
Port Project Ltd</b>, a JV between the <b>Jawaharlal Nehru Port Authority
(JNPA)</b> and the <b>Maharashtra Maritime Board (MMB)</b>.<o:p></o:p></span></li>
</ul>
<p class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;
font-family:"Times New Roman",serif">Economic & Logistics Impact<o:p></o:p></span></b></p>
<ul style="margin-top:0cm" type="disc">
<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:"Times New Roman",serif">Global
Hub Ambitions</span></b><span style="font-size:14.0pt;line-height:115%;
font-family:"Times New Roman",serif">: Once completed, Vadhvan is expected
to become one of India’s top container transshipment hubs, significantly
reducing the country's reliance on foreign ports like Colombo or Jebel
Ali.<o:p></o:p></span></li>
<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:"Times New Roman",serif">Maritime
Amrit Kaal</span></b><span style="font-size:14.0pt;line-height:115%;
font-family:"Times New Roman",serif">: The project is a flagship
initiative under the <b>Sagarmala program</b>, aimed at enhancing India’s
west coast logistics efficiency and promoting port-led industrialization.<o:p></o:p></span></li>
<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:"Times New Roman",serif">Local
Growth</span></b><span style="font-size:14.0pt;line-height:115%;
font-family:"Times New Roman",serif">: The port’s development is
anticipated to attract substantial investment into the surrounding
industrial zones and create thousands of jobs in the Palghar region.</span></li></ul>