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English Release 30-October 2014
Date Month Year
  • President's Secretariat
  • President to flag off the ‘Run for Unity’ tomorrow at Rashtrapati Bhavan
  • Vice President's Secretariat
  • STUDENTS FROM J&K UNDER AEGIS OF SADBHAVNA EDUCATIONAL /MOTIVATIONAL TOUR CALL ON VICE PRESIDENT
  • Vice President Inaugurates 7th Asia-Pacific Heart Rhythm Scientific Session
  • Prime Minister's Office
  • PM condoles loss of lives in Sri Lanka landslide
  • Shri Azim Premji calls on the Prime Minister
  • Goa CM calls on PM
  • Department of Space
  • Engineers’ Conclave-2014 to be held in Bangalore
  • Min of Agriculture
  • Shaida Moh. Abdali Afghanistan Ambassador Calls on Union Agriculture Minister Shri Radha Mohan Singh
  • Good Performance of NCDC
  • Min of Consumer Affairs, Food & Public Distribution
  • Sugar production estimated 250.46 lakh tons during 2014-15
  • Ministry of Finance
  • Government Announces Measures for Fiscal Prudence and Economy; Every Ministry / Department to Effect A Mandatory 10% Cut in Non-Plan Expenditure; Utmost Economy to be Observed in Organizing Conferences/Seminars/Workshops; Ban on Purchase of Vehicles; in all Cases of Air Travel, the Lowest Air Fare Tickets Available for Entitled Class to be Purchased/Procured.
  • Government Committed to Increase Savings Rate in the Country: Secretary, Financial Services;
  • Finance Minister Asks the Senior Officers of the Income Tax Department not to Lose Sight of Domestic Black Money
  • Min of Health and Family Welfare
  • For ending TB, Dr Harsh Vardhan calls for “Power of belief”
  • Min of Home Affairs
  • Activities on Rashtriya Ekta Diwas celebrations on 31st October
  • Union Home Minister Approves Grant of Higher Compensation to Victims of Riots, Naxal and Terrorist Violence
  • Min of Human Resource Development
  • Ministry of HRD to Host 2nd Meeting of SAARC Education Ministers
  • Min of Minority Affairs
  • Shri Arvind Mayaram is New Secretary of Minority Affairs
  • Min of Personnel, Public Grievances & Pensions
  • Early closure of Government Offices today in connection with the “Run for Unity” flag off at Vijay Chowk
  • ACC Appointments
  • Min of Petroleum & Natural Gas
  • Global crude oil price of Indian Basket was US$ 85.14 per bbl on 29.10.2014
  • Min of Urban Development
  • Japan offers assistance in promoting Intelligent Transport Systems
  • Ministry of Water Resources
  • Uma Bharti to Visit Kanpur Tomorrow
  • Min of Women and Child Development
  • Smt. Maneka Sanjay Gandhi to hold first round of Regional Consultations on Beti Bachao Beti Padhao Scheme in Chandigarh tomorrow

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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