Jawaharlal Nehru Port Authority (JNPA) was acclaimed as the Most Admired Central Entity promoting PPP (Ports) at the “Economic Times Infra Focus Awards 2022” held recently.
The PPP mode of investment in the country’s port sector has witnessed significant progress in the last 25 years. Jawaharlal Nehru Port entered into a historic agreement with the private player, Nhava Sheva International Container Terminal (NSICT), in July 1997, making it the first Port Terminal to be developed on a PPP basis in Major Ports. JNPA was the first Port to enter this agreement, which resulted in capacity addition and improved productivity. For JNPCT a concession agreement was signed between JNPA and JM Baxi Ports and Logistics Ltd. – CMA Terminals on July 29, 2022, making JNPA India’s first 100% Landlord- Major Port. The award was received by Mr. Unmesh Sharad Wagh, IRS, Dy. Chairman, JNPA.
