Prime Minister to inaugurate PSA's Bharat Mumbai Container Terminals on 18th Feb

Posted by Daily Shipping Times on 16-02-2018        Tweet

MUMBAI: Prime Minister Shri Narendra Modi will inaugurate the new Container Terminal built by Singapore’s PSA International Pte Ltd at the Jawaharlal Nehru Port Trust (JNPT) on February 18 through an e-launch from Ulwe village, a few kilometres away from India’s busiest container gateway.

Prime Minister will be in Ulwe on February 18 to lay the foundation for the second international airport to be built by the Mumbai International Airport Limited (MIAL), a joint venture between the Airports Authority of India (AAI) and the GVK-led consortium, in Navi Mumbai.

The PSA project involves construction of two berths in two phases of one km each with the first phase designed to handle 2.4 million TEUs (twenty-foot equivalent units) at a cost of Rs.4,719 crore and the second phase with another 2.4 million TEUs involving an investment of  Rs. 3,196 crore by 2022.

The new terminal, when fully operational, will help JNPT double its capacity to about 10 million TEUs. Prior to the opening of the new terminal, India’s biggest container port had four facilities capable of handling a combined 4.8 million TEUs.