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New Delhi : PM Narendra Modi will inaugurate the Fourth Container Terminal (FCT) of Jawaharlal Nehru Port Trust (JNPT) in Mumbai on February 18, 2018. With this, JNPT will nearly double its container handling capacity.
The Fourth Container Terminal has been developed on Design, Built, Fund, Operate and Transfer (DBFOT) basis for a concession period of 30 years at an estimated cost of Rs 7,915 Crore. The project is being implemented in two Phases. i.e. Phase –I and Phase –II. The indicative cost of the project for Phase – I is Rs 4,719 crore. The foundation stone for the project was laid by PM Modi in October 2015, and Phase I has been completed in record time, according to a PIB release.
The terminal will have deepest berths enabling it to handle “Mother Ships” . It will be able to handle the biggest container ships from a quay length of 1 km, and cranes that can reach 22 rows wide or greater. It will be able to handle three container ships in one go with sufficient yard space
This Terminal will be linked to the dedicated rail freight corridor and will be able to receive about 350 containers per rake. The rail facilities will be the largest in India with the only on-dock Dedicated Freight Corridor (DFC) compliant facility in India capable of handling 1.5km long, 360 Twenty-foot Equivalent Unit (TEU) container trains on completion of the DFC. The facility will also have provision for storing 1,600 reefer (refrigerated) containers to handle agricultural and horticulture produce.Thus, the commencement of operations at the 4th terminal offers a great opportunity for the EXIM community to avail of the new facilities.
Minister for Shipping, Road Transport & Highway and Water Resources, River Development and Ganga Rejuvenation Nitin Gadkari says, “As committed by PM Narendra Modi, the first Phase of the terminal is ready in a record time. Logistics play a key role in the development of the economy and the government is committed to provide world class logistics and infrastructure facilities so that trade flourishes.’
Under Sagarmala, 101 projects worth Rs 2.5 lakh crore have been planned in Maharashtra. Out of these, 5 projects have already been completed and 58 projects are under various stages of development. JNPT, under Ministry of Shipping, is engaged in creating an enabling environment to encourage trade and the completion of the 4th terminal reinforces the government’s commitment to create a hassle-free business environment for the export-import community.
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