<h1>Vadhavan Port Project Ltd Secures Mining Licence for Offshore Sand Reclamation, Saving Rs 6,000 Crore for Greenfield Port.</h1> Vadhavan Port Project Ltd has obtained a mining licence for offshore sand reclamation, crucial for developing a greenfield port in Palghar district. The licence, issued by the Ministry of Mines, allows for the reclamation of 1,448 hectares of land using 200 million cubic meters of sand from a designated offshore area. This approach is expected to save approximately Rs 6,000 crore compared to land-based sand sourcing and offers a more sustainable environmental impact. The port, set to be India's largest container port, will be developed under a Public-Private Partnership model and aims to enhance India's maritime economy.