India, Aug. 18 -- The Mumbai Port Authority (MbPA) has invited online tenders for a yacht bay at Princess Dock. The tender, floated on August 15, with a submission deadline of September 15, invites Marina, ferry and ro-ro operators, and passenger terminal managers to operate the dock.

This comes after the MbPA's decision to lease 215 acres of its land for up to 30 years, effectively shelving the grand plan to develop the eastern waterfront with world-class amenities such as entertainment and recreational spaces, a state-of-the-art marina, convention centres, water transport facilities, and a global business district.

The MbPA had earlier planned a large marina, a specially designed harbour for 400 yachts and small boats, near the Ferry ...