Centre clears Rs 887 cr plan for world-class Mumbai marina, maritime tourism

The Ministry of Ports, Shipping and Waterways has approved the Mumbai Port Authority's investment, and tenders have been floated, with bids scheduled to close on December 29, 2025.

Mumbai Marina project 3D illustrationPlanned over nearly 12 hectares of water area, the marina will have the capacity to berth 424 yachts of up to 30 metres in length. (Special Arrangement)
By: PTI
2 min readNew DelhiDec 19, 2025 07:37 PM IST First published on: Dec 19, 2025 at 07:37 PM IST

The Union government has approved a plan to develop a world-class marina in Mumbai Harbour at an estimated cost of Rs 887 crore, an official statement said on Thursday.

According to the statement, the project will be implemented through a hybrid development model under which the Mumbai Port Authority will invest about Rs 470 crore to construct the core marina infrastructure on an EPC basis, and a private operator will develop onshore facilities with an estimated investment of Rs 417 crore.

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The ministry has approved the port authority’s investment, and tenders have been floated, with bids scheduled to close on December 29, 2025, according to the statement.

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