JNPA signs MoUs worth ₹40,000 crore with PSA, CMA CGM for Vadhvan Port

Jawaharlal Nehru Port Authority (JNPA) signed two Memorandums of Understanding (MOUs) for a total of ₹40,000 crore with PSA (India), and CMACGM for the development of the Greenfield Port at Vadhvan while celebrating its 35 years of existence.

“JNPA has consistently been at the forefront of transforming India's port operations. Since its inception in 1989, it has grown to become the largest container port in India,” reads the release.

The port recently achieved a historic milestone by recording it’s highest-ever throughput of 6.43 million TEUs in the fiscal year 2023-24. Moreover JNPA has consistently handled over 6 million TEUs annually in the last couple of years.

Currently, JNPA operates five container terminals -- NSFT, NSICT, NSIGT, BMCT and APMT. The Port also has a Shallow Water Berth for general cargo. A Liquid Cargo Terminal which is managed by the BPCL-IOCL consortium is also there at the port along with a newly constructed coastal berth.

Nestled across 277 hectares of land, JNPA also operates a meticulously designed multi-product SEZ, with state-of-the-art infrastructure, to boost export-oriented industries in India.

Unmesh Sharad Wagh, Chairman of JNPA, said, “As we mark 35 years of JNPA's impressive journey, we look back on our accomplishments in advancing India's maritime infrastructure. Our dedication to innovation, efficiency, and sustainability has established JNPA as a leader in global port operations. This milestone underscores the commitment of our team and the support of our stakeholders. Additionally, responding to the Honorable Governor's request, JNPA pledges INR 3.5 Crores to equip 38 Eklavya model schools with 1000 computers and 100 tablets within the next 2 months. By April next year, with the addition of the BMCT terminal, JNPA's capacity will reach 10.4 Million TEUs, solidifying its position as India's largest port.”