JNPA partners with PSA and CMA CGM on ₹40,000 crore Vadhvan Port project.
The Jawaharlal Nehru Port Authority (JNPA) has signed two significant Memorandums of Understanding (MOUs) with PSA (India) and CMA CGM, committing a total investment of ₹40,000 crore for the development of the Greenfield Port at Vadhvan. This announcement comes as JNPA celebrates its 35th anniversary, having established itself as India’s largest container port since its inception in 1989.
The port achieved a remarkable milestone by recording its highest-ever throughput of 6.43 million TEUs in the fiscal year 2023-24. JNPA has consistently handled over 6 million TEUs annually in recent years. Currently, JNPA operates five container terminals: NSFT, NSICT, NSIGT, BMCT, and APMT, along with a Shallow Water Berth for general cargo and a Liquid Cargo Terminal managed by the BPCL-IOCL consortium. A newly constructed coastal berth further enhances its capabilities.
Spanning 277 hectares, JNPA also operates a multi-product Special Economic Zone (SEZ) designed to boost export-oriented industries with state-of-the-art infrastructure.
Unmesh Sharad Wagh, Chairman of JNPA, reflected on the port’s journey, stating, “As we mark 35 years of JNPA’s impressive journey, we look back on our accomplishments in advancing India’s maritime infrastructure. Our dedication to innovation, efficiency, and sustainability has established JNPA as a leader in global port operations. This milestone underscores the commitment of our team and the support of our stakeholders.”
Responding to a request from the Honourable Governor, JNPA has pledged ₹3.5 crore to equip 38 Eklavya model schools with 1,000 computers and 100 tablets within the next two months. By April next year, with the expansion of the BMCT terminal, JNPA’s capacity will reach 10.4 million TEUs, solidifying its position as India’s largest port.