JNPA to scale up its container handling capacity to 10 million twenty TEU by April next year
Jawaharlal Nehru Port (JNPA) will scale up its container handling capacity to 10 million twenty foot equivalent unit (TEU) by April next year, said Union Minister for Ports, Shipping, and Waterways Sarbananda Sonowal said.
In H1FY25, JNPA handled 7.4 million TEUs, and this capacity is expected to increase to 10.4 million TEUs by April next year. In the fiscal year 2023-2024, the port handled 6.4 million TEUs.
«Jawaharlal Nehru Port has become the first 100 percent landlord port in the country,» Sonowal said, adding that «accordingly we are aiming for bigger and bigger ships at this facility.»
He also said that the port has developed quality infrastructure and is working to become an eco-friendly one. As a landlord port, JNPA manages the infrastructure while private companies handle the operations.
JNPA also announced the signing of two MoUs, including one between the JNPA, Vadhvan Port, and REC for the disbursement of loans to support various infrastructure projects.
During his visit to JNPA on Thursday, Sonowal issued Letters of Intent (LoI) to SEZ concessionaires. JNPA has allotted plots in 7 phases, with the recent e-auction of Phase 7 for 57 acres, attracting 21 bidders for 6 unit plots and 3 co-developer plots. The bids were 95.23% higher than the reserve price, resulting in a 63% increase in revenue for JNPA compared to the reserve price. In the 2023-2024 financial year, the SEZ generated EXIM trade worth Rs 15,000 crores, handling 8049 TEUs and marking a 300% year-on-year growth.
JNPA also announced the
