JNPT to invest Rs 2k cr in marine terminal for liquid cargoes

Posted By: Religare
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Jawaharlal Nehru Port Trust, the leading container port in India, is likely to invest Rs 2000 crore in order to establish a marine terminal as a part of its expansion to cater liquid cargoes like oil, acids and cleaning compounds.According to the statement, the project designing and management is being done by L&T Ramboll and have submitted the draft Detailed Project Report (DPR), said the media report.JNPT that has at present twin berth liquid cargo terminal of BPCL and IOC has also appointed URS Scott Wilson and Howe as consultant to carry out feasibility study and to prepare DPR for setting up a mega container terminal near Nhava Island.Besides, it has also signed a concession agreement with NhavaSheva Gateway Terminal, a subsidiary of DP World of Dubai, for development of standalone container handling facility at JN Port, Navi Mumbai, Maharashtra.Moreover, DP World formed a special purpose vehicle 'NhavaSheva Gateway Terminal' to implement this project.

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Story first published: Monday, June 24, 2013, 9:24 [IST]
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