Mumbai Port invites global bids for Rs 922.67 crore marina at Victoria Dock

New Delhi: The Mumbai Port Authority has invited global bids for the Viksit Bharat Mumbai Marina at Victoria Dock, a project estimated to cost Rs 922.67 crore. An official statement said the marina will be developed under the design, build, finance, operate and transfer (DBFOT) model, with a 45-year concession. It will cover a water area of 37.3 hectares and accommodate 604 yachts at full build-out. Phase I envisages 424 berths.

Marine works, including breakwater construction and dredging, have already begun. Coastal Regulation Zone (CRZ) and environmental clearances have also been obtained, the statement added.