Adani Ports is exploring investment opportunities of ₹53,000 crore in container terminal and offshore projects at Vadhavan Port. The company has signed non-binding Memoranda of Understanding (MOUs) with the Jawaharlal Nehru Port Authority (JNPT). These MOUs indicate Adani Ports’ interest in the projects and do not represent a binding agreement. Once JNPT issues relevant tenders, Adani Ports plans to participate in the bidding process.
Vadhavan Port Expansion Plans
Adani Ports is considering investing ₹53,000 crore in projects at Vadhavan Port. This was revealed following a media report and subsequent clarification by the company on October 29, 2025.
Non-Binding MOUs with JNPT
To explore these opportunities, Adani Ports has entered into two non-binding Memoranda of Understanding (MOUs) with the Jawaharlal Nehru Port Authority (JNPT). These MOUs reflect the company’s intention to participate in the development of a container terminal and offshore projects at Vadhavan Port. As of October 29, 2025, no binding agreement has been finalized.
Future Bidding Process
The execution of any potential deal hinges on various factors, including the final bidder selection, Board approval, and the execution of binding agreements. Adani Ports will participate in the bidding process once JNPT/authorities release relevant tenders. The company clarifies that the increase in its stock price is due to market conditions.
Source: BSE
