Panaji: The Inland Waterways Authority of India (IWAI) green-lit the construction of a Rs 8 crore private jetty at Malim for
private yachts
and river cruise vessels. The
IWAI
issued the NoC to Mumbai-based Marina India Infrastructure Pvt Ltd under the National Waterways (Construction of Jetties/Terminals) Regulations, 2025, which enables private players to build and operate terminals across India’s waterways network.
With the Mandovi River being declared a national waterway (NW-68), the govt decided to support the creation of infrastructure along the river. The NoC was handed over by Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal.
The Rs 8-crore private marina is designed to berth up to 16 private yachts and pleasure crafts up to 30 metres in length. “The jetty will support docking and undocking for each trip. The project aims to boost
river cruise tourism
along the waterway,” said a statement by the Union Ministry.
The National Waterways (Construction of Jetties/Terminals) Regulations bring permanent and temporary terminals—existing or new—under a common regulatory framework. Permanent jetties can operate for a lifetime, while temporary ones will have an initial five-year term with provisions for extension.
“The new National Waterways (Construction of Jetties/Terminals) Regulations will further accelerate this momentum by encouraging private investment, improving procedural efficiency, and advancing sustainable, digitally driven development,” said Sonowal. He said that the govt aims to encourage private participation in the inland waterways sector.
The ministry of ports, shipping and waterways is trying to encourage private investment along the national waterways and is offering faster approvals for inland water transport infrastructure. “This is the first-of-its-kind NoC issued digitally to any private entity for the construction of a terminal on any national waterway in the country,” said an official.