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English Release 23-September 2014
Date Month Year
  • President's Secretariat
  • President congratulates medal winners in Asian Games 2014
  • President of India’s message on the eve of Republic Day of Trinidad and Tobago
  • President congratulates medal winners in Asian games 2014
  • Vice President's Secretariat
  • LET’S EMPOWER WOMEN THROUGH EDUCATION : VICE PRESIDENT
  • Prime Minister's Office
  • PM to hold first Radio Programme on October 3
  • PM greets the people of Saudi Arabia on their National Day
  • PM greets the nation on Mahalaya
  • J&K CM calls on PM
  • Min of Agriculture
  • Shri Radha Mohan Singh Urges Canada to Invest in Indian Agro Infrastructure
  • Min of Civil Aviation
  • AAI Signs MoU with US Agency
  • AAI Markets Indian Airports at World Route Forum
  • Min of Culture
  • SAARC Culture Ministers’ Meet to Chart out 2014-17 Action Plan
  • Min of Environment and Forests
  • Text of the Intervention made by Minister for Environment, Forests and Climate Change Shri Prakash Javadekar during Major Economies Forum meeting at New York on 22nd September, 2014
  • Min of Health and Family Welfare
  • J&K health infrastructure needs urgent revival
  • Min of Home Affairs
  • Clarification
  • Min of Human Resource Development
  • National Convention on Inclusive Education of Children with Special Needs Held
  • Min of Mines
  • Mineral Production during July 2014
  • Min of Petroleum & Natural Gas
  • Global crude oil price of Indian Basket was US$ 95.43 per bbl on 22.09.2014
  • Ministry of Railways
  • Railways Lifts both Men & Women Championships at Senior National Powerlifting Championship held at Goa
  • Min of Skill Development, Entrepreneurship, Youth Affairs and Sports
  • Asian Games 2014
  • Min of Textiles
  • Santosh Kumar Gangwar to Chair Annual Conference of State Textiles Ministers Tomorrow
  • Min of Urban Development
  • Ideas, Innovation, Investments and Implementation key to ‘Reinventing the India Story’ says Shri M.Venkaiah Naidu
  • Planning Commission
  • Aadhaar has enrolled one –fourth of UP’s residents, Crosses 5 Crore mark

Previous Date

 
Ministry of Shipping19-June, 2013 16:22 IST
Jawaharlal Nehru Port Trust Signs Concession Agreement with M/s. Nhava Sheva (India) Gateway Terminal Pvt. Ltd
The Jawaharlal Nehru Port Trust (JNPT), Mumbai and Nhava Sheva (India) Gateway Terminal Pvt. Ltd. (a subsidiary of M/s DP World), signed a concession agreement today for development of standalone container handling facility at the Jawaharlal Nehru port. Shri G. K. Vasan, Union Minister for Shipping and Sultan Ahmed Bin Sulayem, Chairman, M/s DP World were present on the occasion. Under the agreement, a terminal with the quay length of 330 metres will be developed by the concessionaire at an estimated cost of Rs. 600 Crores. The estimated capacity addition will be 0.8 Million TEUs per annum. The project is slated to be completed by December 2015.

The project would be executed on DBFOT (Design, Built, Finance Operate and Transfer) basis, with a concession period of approximately 17 years. The Jawaharlal Nehru Port Trust floated a global tender and DP World was the successful bidder for the project, with their offer of 28.9% revenue share to the port. M/s DP World has formed a special purpose vehicle (SPV) namely Nhava Sheva (India) Gateway Terminal Pvt. Ltd. to implement this project.

The agreement was signed on behalf of JNPT by Chairman Shri N.N. Kumar and on behalf of Nhava Sheva (India) Gateway Terminal Pvt. Ltd by Shri Anil Singh, Senior Vice President & MD of DP World (Subcontinent).

Speaking on the occasion, Union Minister for Shipping Shri G.K. Vasan said that the achievement of the Ministry was outstanding during 2012-13, in terms of awarding capacity augmentation projects at major ports. The Ministry has awarded 32 Projects in 2012-13 which will add a capacity of 137 MMTPA (Million Metric Tonne Per Annum) at an estimated investment of Rs. 6765 crore. This is the best performance for any year in the history.

JN Port is the biggest container handling Port in India, handling around 44% of the country's containerized cargo, first crossing the historic landmark of 4 million TEUs in container throughput in the year 2007-08. The port is currently ranked 26th among the top 100 Container Ports in the world.

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SR
(Release ID :96632)

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