PSUs

JNPA signs pact with JM Baxi Ports and Logistics for handing SWB facility

By IndianMandarins- 16 Nov 2022
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jnpa-signs-pact-with-jm-baxi-ports-and-logistics-for-handing-swb-facility

Mumbai (16.11.2022): Jawaharlal Nehru Port Authority (JNPA) signed a concession agreement with JM Baxi Ports and Logistics Ltd on November 15, 2022, to Upgrade, Equip and O&M of Shallow Water Berth (SWB) and Coastal Berth (CB) Terminals through PPP mode. JNPA is India’s first 100 per cent Landlord Major Port. The SWB and CB terminals will be upgraded and managed by an SPV named “Nhava Sheva Distribution Terminal Private Ltd” formed by J M Baxi group.
The agreement was signed in the presence of Sanjay Sethi, IAS, Chairman, JNPA, Unmesh Sharad Wagh, IRS, Dy. Chairman, JNPA, Dhruv Krishna Kotak, MD, J M Baxi Group and all the HODs of JNPA. Many of the major global ports are today landlord facilities, whose key responsibilities include marketing. JNPA will now be taking up marketing in a more streamlined manner, with the Authority doing common port business development.”
The 4 million metric tonnes per annum (MMTA) capacity shallow water berth (SWB) has a length of 445 meters of which 125 m has been developed as Ro-Ro Terminal. The SWB can accommodate vessels up to 30,000 DT making it the most preferred facility for Coastal as well as foreign cargo. SWB is a multi-cargo terminal capable of handling container, cement, general cargo, and liquid cargo vessels both Foreign and Coastal. The USP of this multi-purpose clean cargo terminal is the ability to connect coastal containers through Ro-Ro ships, revolutionizing the water-based logistics eco-system of Nhava Sheva making it the most connected hub in the country. 

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