NBCC, Mumbai Port Authority sign MoU for planned redevelopment of port land in Mumbai
Pune/Mumbai: NBCC (India) Limited and the Board of Mumbai Port Authority (MbPA) have signed a memorandum of understanding (MoU) for the planned development of key infrastructure projects on Mumbai Port land, marking a significant step towards urban redevelopment and infrastructure expansion in the city.
The MoU was signed on December 23, 2025, for the development of a Central Government Office (CGO) Complex on approximately 25 acres of Mumbai Port Authority land near Cotton Green Depot. NBCC, a Navratna Central Public Sector Enterprise under the Ministry of Housing and Urban Affairs, will be responsible for executing the project from the conceptual stage to commissioning.
The agreement was signed by Adesh Titarmare, IAS, Deputy Chairperson of the Mumbai Port Authority, and K P Mahadevaswamy, Chairman and Managing Director of NBCC (India) Limited, in the presence of senior officials from both organisations.
In addition to the CGO Complex, the Mumbai Port Authority has granted in-principle approval to NBCC for undertaking several other infrastructure projects. These include the construction of an International Convention Centre, an iconic building, multilevel car parking facilities, and maintenance of existing buildings, sheds, wharfs, storage areas and roads within port premises.
Officials said the collaboration aims to facilitate planned redevelopment and optimal utilisation of port land assets, while supporting sustainable urban growth. NBCC will bring its project management and redevelopment expertise to the partnership, while MbPA will enable access and planning support for the identified land parcels.
The MoU is expected to contribute to infrastructure-led development in Mumbai, aligning with broader government objectives related to urban transformation, asset monetisation and modern city planning.
The partnership is also seen as part of Mumbai Port Authority’s efforts to unlock the potential of its land resources and integrate them with the city’s evolving infrastructure needs.
