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CMA Terminals’ consortium wins JNPTC’s terminal expansion bid

Monday 25th Jul 2022    243
CMA Terminals’ consortium wins JNPTC’s terminal expansion bid
 

A consortium of JM Baxi Ports and Logistics and CMA Terminals has won the contract for the extension of Jawaharlal Nehru Port Container Terminal for an investment of Rs 872 crore. The Jawaharlal Nehru Port has five terminals and the Jawaharlal Nehru Port Container Terminal (JNPCT) is the only one that is under its own management. Of the remaining four terminals, two are operated by DP World, a state-owned company in Dubai, one by PSA International and another by APM Terminals Management.

With the acquisition of JNPCT, Jawaharlal Nehru Port in Maharashtra would become the country's first major port to become a 100% lessor port, with all its berths operated under the Public Private Partnership (PPP) model.

 
 
 
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