JNPT is exploring possibilities of establishing Satellite Port around Mumbai site with deep natural drafts. The port after doing a detailed evaluation of various possible sites, the area off Vadhawan between 1.5 NM south of Vadhawan Point to 3.3NM south of Dahanu river mouth clear of fishing activity has been identified as an ideal location for development of a Satellite Port for JNPT. On 5th June, 2015, the JNPT and Maharashtra Maritime Board (MMB) on behalf of Government of Maharashtra have signed Memorandum of Understanding to establish satellite port as a Corporate Port under Companies Act 2013 on the lines of Kamarajar Port Ltd., Ennore. JNPT would have an equity share not exceeding 74% and Government of Maharashtra would have an equity share not exceeding 26% in the new Port Company. The new Port could be developed as a land lord Port with the basic Port infrastructure being developed by the Port Company and the berths, terminals and associated facilities being developed with private participation on PPP mode