JNPT gets CCEA nod for additional liquid bulk terminal

The Cabinet Committee on Economic Affairs today approved the development of an additional liquid bulk terminal at Jawaharlal Nehru Port Trust (JNPT) at an estimated cost of Rs2,496 crore.

The project will be taken up for implementation under the public-private partnership (PPP) modal on a design, build, finance, operate and transfer (DBFOT) basis and the project would be awarded on of the highest `royalty` basis.

The entire investment on the project will be made by the concessionaire.

The project will be implemented in two phases with overall capacity as 26.6 million tonnes per annum (MTPA). Phase I envisages construction of four berths to accommodate vessels size up to 180,000 dead weight tonnage (DWT) with a capacity of 15 MTPA.

Phase II envisages construction of two additional berths for 180,000 DWT vessels with a capacity of 11.6 MTPA.

The project would enhance the liquid bulk cargo handling capacity of JNPT from the existing 5.5 MTPA to 20.5 MTPA by 2017-18, when Phase-I is expected to be commissioned.

Capacity would go up to 32.1 MTPA with the commissioning of Phase-II by 2025-26. This infrastructure will facilitate industrial growth in the hinterland and also reduce transaction cost for users who are suffering high waiting time in the existing berths.

The project will also create, additional employment opportunities and lead to socio-economic development of the region.

The terminal will have the state-of-the art technology for handling bulk liquid cargo.