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India: JSW Infrastructure Commissions First Container Terminal at NMPT

JSW Infrastructure has commission its first container terminal at New Mangalore Port Trust (NMPT) in Karnataka.

 

The company has a 30-year concession agreement with NMPT for the said container terminal on design, build, finance, operate and transfer (DBFOT) basis.

 

The commissioning of the container terminal at NMPT marks foray of JSW Infrastructure into container cargo business. The terminal has a quay length of 350 mtr and a backup storage area of 15.5 ha. The terminal has a current cargo capacity of 2.4 lakh TEUs.

 

The company will make phase-wise investment of over Rs 300 crore to expand its capacity to four lakh TEUs by FY24.

 

Further, the terminal at NMPT is designed to handle mainliner cargo vessels of up to 9,000 TEUs. The mechanized container handling facility and increase in vessel size will provide inland water-based logistics support to boost hinterland trade in key hinterland markets.

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