Jawaharlal Nehru Port becomes first 100% Landlord Major Port of India

Jawaharlal Nehru Port has become the first 100 per cent Landlord Major Port of India having all berths being operated on the PPP model. The PPP model of investment in Indian ports has made remarkable progress in the last 25 years, beginning from the Jawaharlal Nehru Port, resulting in capacity addition and productivity improvement. JNP is one of the leading container ports in the country and is ranked 26th among the top 100 global ports (as per Lloyds List Top 100 Ports 2021 Report).

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

About the Jawaharlal Nehru Port Container Terminal:

• The Jawaharlal Nehru Port Container Terminal (JNPCT) has 2 berths with a total length of 680m and a 15m draft which will be handed over under this PPP contract along with the backup area of 54.74 hectares for 30 years.
• JNPCT is presently handling 9000 TEUs capacity vessels and with the upgradation it can handle 12200 TEUs capacity vessels. It is also proposed to increase the RMQC rail span from 20 meters to 30.5 meters at the port.
• Investment for this project will be carried out by the concessioner at a total cost of Rs. 872 crores. The concessioner has to upgrade, operate, maintain and transfer this terminal on a PPP basis. This project will be implemented in 2 phases.

Find More Miscellaneous News Here