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12 August 2022 The on-line newspaper devoted to the world of transports 07:50 GMT+2

July 21, 2022

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The J M Baxi - CMA Terminals consortium has been awarded the management of the Jawaharlal Nehru Port Container Terminal

Planned investments of approximately 109 million dollars

The consortium formed by the Indian port company J M Baxi and the terminalista company CMA Terminals of the group owner French CMA CGM won the tender, at the which eleven investors participated, for the management of the Jawaharlal Nehru Port Container Terminal (JNPCT), which is one of the five container terminals of the Indian port of Jawaharlal Nehru. The concession contract, which also provides for the strengthening in two phases of the port terminal, has a duration of 30 years and the total investment planned is over 8.7 billion of rupees ($109 million).

The consortium won the tender by offering a royalty of 4,520 rupees ($56.5) for each teu container enlivened during the concession period, a figure that will be adjusted annually to the wholesale price index, while the dealer will be free to set rates on the basis of the market.

The Jawaharlal Nehru Port Container Terminal has a line of quay of 680 meters with a depth of -15 Meters. Currently the landing is climbed by container ships up to the capacity of 9,000 teu and it is expected that the interventions of modernization carried out in the first phase, lasting 18 months from the date of signing the contract, they will allow you to serve ships up to 12.200 teu. It is expected that the contractual agreement will be signed next Wednesday and will enter into force by a period of 180 days necessary for the verification of compliance with contractual conditions. For the realization of the first phase are planned investments of 5.9 billion rupees. The second phase of the project, for which expenditure of 2.8 billion is planned of rupees, will be started after reaching a traffic of the annual container equal to 1.02 million teu or seven years from the start of the concession.

Two of the other four container terminals of the port of call Indian (Nhava Sheva International Container Terminal and Nhava Sheva (India) Gateway Terminal) are managed by the DP World group of Dubai, another terminal (Gateway Terminals India) is operated from the Dutch APM Terminals of the Danish shipowning group A.P. Møller-Mærsk and one (Bharat Mumbai Container Terminal) by the terminalista group PSA International of Singapore.

In the 2021-22 fiscal year, which ended last 31 In March, the port of Jawaharlal Nehru enlivened a traffic of the container pairs to 5.684.559 teu, with an increment of +21.6% compared to the previous tax year.

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