The Mumbai Port Authority has received bids from five infrastructure firms to develop an ₹887-crore (US$98 million) marina project with private sector participation off the coast of South Mumbai near Victoria Docks in Mumbai, India.

Bids for the project were submitted by Cemindia Projects Ltd, part of the Adani Group, along with Larsen & Toubro, RKEC Projects Ltd, SCC Infrastructure Pvt Ltd, and Vishwa Samudra Engineering Pvt Ltd. The selection process is expected to be completed within the next three months, and the marina is anticipated to be finished within three years of construction. The project has received approval from the Ministry of Ports, Shipping and Waterways and supports the central government’s blue economy initiative. 

The project will be executed under the Engineering, Procurement, and Construction (EPC) model. The Mumbai Port Authority will invest ₹470 crore (US$52 million), while the remaining investment will be made by a private operator responsible for developing the onshore infrastructure. The marina will be located to the east of Victoria Docks in South Mumbai and will cover approximately 14 hectares of water area. Once completed, the facility will be capable of accommodating 424 yachts of up to 30 metres in length, making it one of the largest marina developments in the country. The project also includes onshore construction and management of a terminal building (3,162sqm), a star hotel with 322 rooms (27,000sqm), a clubhouse (4,000sqm), a multilevel car park and tourism business centre (32,000sqm), a yacht repair yard and stack parking (10,000sqm), Namo Bharat Sailing School (1,060sqm), and recreation facilities. All these will be developed through a public-private partnership.