India's First Integrated Agri-Export Facility to come up at Jawaharlal Nehru Port, Mumbai
In a significant move to bolster India's agricultural export and import capabilities, the Union Minister for Ports, Shipping, and Waterways Shri Sarbananda Sonowal approves the Jawaharlal Nehru Port Authority (JNPA)'s project of ‘Development of Export-Import cum Domestic Agricultural Commodity-Based Processing & Storage Facility at JNPA on PPP Mode’ worth Rs. 284.19 Crore.
It is to be noted, JNPA in Maharashtra is the first major port of the country which is 100% Landlord port having all berths being operated on PPP model. JNPA is one of the leading container ports among the top 100 global ports (as per Lloyds List Top 100 Ports Report).
In the state of Maharashtra, MoPSW is also developing one of the biggest port in the Country, the Vadhavan Port with total investment of about Rs.76,220 crore. It will be developed as an all-weather Greenfield deep draft major port in Vadhavan, Palghar District. This will include development of Core infrastructure, Terminals and other commercial infrastructure in public-private partnerships (PPP) mode. The proposed Vadhavan port is a high-priority initiative for the Government and is designed to handle an annual cargo of 23 million TEUs or 254 million tons, boasting a natural draft of 20 meters to accommodate larger container vessels of up to 20,000 TEUs. Once completed, the project will rank among the world's top 10 largest ports and serve as a significant green fuel hub.
Maharashtra has already seen the completion of 16 projects valued at Rs. 790 crore, with Rs. 232 crore financial assistance from the Sagarmala till date. Currently, 14 additional projects worth Rs. 1,115 crore are underway, receiving Rs. 561 crore in assistance from the same scheme.
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