[vc_row][vc_column][vc_column_text]Jawaharlal Nehru Port Trust (JNPT) is all set for a significant capacity augmentation this year. Phase 1 of its mega fourth container terminal is expected to be commissioned and operational by December 2017, as per an official communiqué.
Phase I will have capacity of 2.4 million TEUs on a quay length of 1 km. The estimated investment for this phase is Rs 4,719 crore ($ 715 million).
This mega terminal, having total capacity of 4.8 million TEUs, is a PPP project with Bharat Mumbai Container Terminals Pvt. Ltd, an SPV of Port of Singapore Authority (PSA), as private partner. The concession was awarded in December 2014.
Phase II, also having 2.4 million TEUs of capacity and 1 km of quay length, is likely to be commissioned by November 2022, the communiqué said.[/vc_column_text][/vc_column][/vc_row]
