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HomeNewsFoundation stone for container terminal in Navi Mumbai laid in official ceremony

Foundation stone for container terminal in Navi Mumbai laid in official ceremony

The minister awarded the mega project of development of the fourth container terminal at JN Port on a design, build, finance, operate and transfer (DBFOT) basis to PSA Bharat Investments Private Limited. JNPT, India’s largest container handling port, has signed the agreement with Dubai-based DP World’s Indian subsidiary Nhava Sheva (Indian) Gateway Terminal (NSIGT) at an estimated cost of Rs 600 crore. The concession agreement entails the development of the container handling facility with a quay length of 330 meters at JN Port at Navi Mumbai in Maharashtra.

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