PSUs
JNPA: Sanjay Sethi accomplishes five years as Chairman; Wagh gets additional charge
By IndianMandarins- 04 Jan 2024
2965Mumbai (04.01.2024): On accomplishing a successful and
transformative tenure at the Jawaharlal Nehru Port Authority (JNPA), Sanjay
Sethi (IAS: 1992: MH) officially concluded his inning. Following the deputation
tenure, Sethi handed over the baton to his deputy Unmesh Sharad Wagh (IRS
C&IC: 2002) as Chairman (In-Charge). In honour to his invaluable contributions JNPA organised a
farewell event that marked the presence of Sarbananda Sonowal, Union Minister
of Ports, Shipping, and Waterways. In addition, a spectrum of stakeholders in
the maritime community was also present to acknowledge Sethi’s exemplary
service. Reportedly, Sanjay Sethi has been instrumental in expediting
the development of mega port at Vadhavan and promoting the Special Economic
Zone at JNPA. The latest e-auction has fetched JNPA a whopping Rs 426
crore for leasing out 14 plots, measuring 42 hectares of land, in the JNPA
Special Economic Zone (SEZ) in Uran Taluka of Raigad district, created for
industrial growth. Meanwhile, JNPA has issued Letter of Intent (LoI) towards
the allotment of 14 plots to 14 successful bidders, including leading
industries such as Welspun One and Fine Organics. This marks a significant
milestone in contributing to the socio-economic development of the region. The JNPA SEZ spread across 277 hectares, is an ambitious
initiative under the Sagarmala national flagship policy of the shipping
ministry. Its primary objective is to boost exports, attract investment and
generate employment opportunities and create captive cargo by enabling port-led
industrialisation. Out of 277 hectares of land demarcated for the JNPA SEZ, 163
hectares are leasable land, devised for industrial and commercial purposes.
Remaining land is being used for providing infrastructure facilities. According to JNPA chairman Sanjay Sethi, “JNPA has
emphasized on its commitment to industrial development. The SEZ is not just a
business hub, but it’s a catalyst for economic progress. By providing
state-of-the-art infrastructure and fostering a conducive business environment,
we aim to unlock the full potential of this SEZ for the benefit of our
investors and the region at large. The transparent e-tender- cum-e-auction
process for a 60-year lease of SEZ land has been pivotal in attracting
investments.” ALSO READ: JNPA Chairman: Sethi set to repatriate, Wagh may get additional charge (01.01.2024) 
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JNPA: Sanjay Sethi accomplishes five years as Chairman; Wagh gets additional charge
By IndianMandarins - 2024-01-04 18:05:00
Mumbai (04.01.2024): On accomplishing a successful and
transformative tenure at the Jawaharlal Nehru Port Authority (JNPA), Sanjay
Sethi (IAS: 1992: MH) officially concluded his inning. Following the deputation
tenure, Sethi handed over the baton to his deputy Unmesh Sharad Wagh (IRS
C&IC: 2002) as Chairman (In-Charge).
In honour to his invaluable contributions JNPA organised a farewell event that marked the presence of Sarbananda Sonowal, Union Minister of Ports, Shipping, and Waterways. In addition, a spectrum of stakeholders in the maritime community was also present to acknowledge Sethi’s exemplary service.
Reportedly, Sanjay Sethi has been instrumental in expediting the development of mega port at Vadhavan and promoting the Special Economic Zone at JNPA.
The latest e-auction has fetched JNPA a whopping Rs 426 crore for leasing out 14 plots, measuring 42 hectares of land, in the JNPA Special Economic Zone (SEZ) in Uran Taluka of Raigad district, created for industrial growth. Meanwhile, JNPA has issued Letter of Intent (LoI) towards the allotment of 14 plots to 14 successful bidders, including leading industries such as Welspun One and Fine Organics. This marks a significant milestone in contributing to the socio-economic development of the region.
The JNPA SEZ spread across 277 hectares, is an ambitious initiative under the Sagarmala national flagship policy of the shipping ministry. Its primary objective is to boost exports, attract investment and generate employment opportunities and create captive cargo by enabling port-led industrialisation. Out of 277 hectares of land demarcated for the JNPA SEZ, 163 hectares are leasable land, devised for industrial and commercial purposes. Remaining land is being used for providing infrastructure facilities.
According to JNPA chairman Sanjay Sethi, “JNPA has emphasized on its commitment to industrial development. The SEZ is not just a business hub, but it’s a catalyst for economic progress. By providing state-of-the-art infrastructure and fostering a conducive business environment, we aim to unlock the full potential of this SEZ for the benefit of our investors and the region at large. The transparent e-tender- cum-e-auction process for a 60-year lease of SEZ land has been pivotal in attracting investments.”
ALSO READ:
JNPA Chairman: Sethi set to repatriate, Wagh may get additional charge (01.01.2024)
