PSUs

JNPA expands liquid cargo handling capacity

By IndianMandarins- 09 Apr 2024
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Mumbai (09.04.2024): Jawaharlal Nehru Port Authority (JNPA) is pleased to announce the successful expansion of its liquid cargo handling capacity with the introduction of Additional Liquid Cargo Berths (ALCB), namely Liquid Berth-3 and Liquid Berth-4. Equipping, Operation, Maintenance and Transfer of Additional Liquid Cargo Berths LB3 and LB4 at JNPA through Public Private Partnership (PPP) mode.

JNPA currently manages approximately 6.5 Million Metric Tonnes Per Annum (MMTPA) of liquid cargo through its existing Liquid Berth-1 and Liquid Berth-2. Recognizing the need for additional infrastructure to cater to increased demand, JNPA invested Rs 225 crore to develop ALCB through the Engineering, Procurement, and Construction (EPC) mode, utilizing internal funding and also completed the process to Operationalize it through PPP route in line with the Government directives.

In the recently completed tendering process, JSW Infrastructure Limited has emerged as the top bidder for operating the ALCB, offering a quoted royalty of Rs 252 per metric ton. The estimated capital expenditure (CAPEX) for the operator is Rs 69 crore. The Letter of Intent was awarded to JSW Infrastructure Limited on February 19, 2024, and the Concession Agreement was signed on April 8, 2024.

Unmesh Sharad Wagh, IRS, Chairman of JNPA, expressed his thoughts stating,  “Expanding our liquid cargo handling capacity is a strategic move to meet growing demand and enhance operational efficiency at JNPA. JNPA’s liquid capacity constraint was causing queuing of ships, with the addition of the new terminal waiting time will be reduced to Nil”.

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