Jawaharlal Nehru Port becomes first 100% landlord major port of India

New Delhi, July 20: Jawaharlal Nehru Port has become the first 100 percent Landlord Major Port of India having all berths being operated on the PPP model.

 

Expressing his views on the achievement, Ports, Shipping and Waterways Minister Sarbananda Sonowal said, "This project will improve the utilization in crane and berth productivity of the terminal. He added that the total handling of JNPT will increase to 1.8 million Twenty-foot Equivalent Units (TEUs) from the present handling capacity of 1.5 million TEUs in 2020-21.

 

The Minister said the terminal will also be handling Ro-Ro vessels which will not only lower the logistics cost and reduce transit time but will also contribute to reducing congestion on roads and promoting towards clean environment.

 

"The PPP mode of investment in Indian ports has made remarkable progress in the last 25 years, beginning from the Jawaharlal Nehru Port (JNP), resulting in the capacity addition and productivity improvement. The sustainability of the first agreement between the concessioning authority and concessionaire on PPP mode, which has completed its 25th year of success in July, this year, has had tremendous impact on the development of PPP projects in major ports," the Ministry said.

 

Notably, JNP is one of the leading container ports of the country and is ranked 26th among the top 100 global ports (as per Lloyds List Top 100 Ports 2021 Report). Currently, five container terminals are operated at JNP, of which only one is port owned.

 

With its state-of-the-art facilities JNP meets all the international standards, user-friendly atmosphere, and excellent connectivity by rail and road to the hinterland. Facility of backup infrastructure like CFS, connectivity with ICDs, full-fledge Custom House, Airport, Hotels, proximity to Mumbai, Pune, Nashik city and its industrial belt makes it an unique container terminal.