India, Oct. 29 -- The Gautam Adani-led Adani Ports and SEZ (APSEZ) Limited on Tuesday signed two Memorandums of Understanding (MoUs) with the Jawaharlal Nehru Port Authority (JNPA), expressing interest in developing and maintaining key infrastructure at the upcoming Vadhavan port in Palghar district. The two MoUs, covering projects worth Rs.53,000 crore, were signed during the second day of the five-day India Maritime Week, currently underway in the city.

"The Vadhavan port, which will count among the top 10 ports in the world by size from day one, will have nine container terminals. APSEZ has expressed interest in developing three of the terminals and creating other infrastructure," JNPA chairman Unmesh Wagh told reporters after the sig...