Friday, July 5, 2013

JNPT celebrates 24th year anniversary

Source:http://www.sagarsandesh.com/news/jnpt-celebrates-24th-year-anniversary/

--Port users’ patronage is vital: Vasan

As a mark of appreciating and acknowledging their support in making Jawaharlal Nehru Port Trust (JNPT) the number one container port in the country, Union Shipping Minister G. K. Vasan said the patronage of port users is essential for a port.
In his special address at the 24th anniversary celebration of JNPT, he said: “I am happy that JNPT is striving to provide a user-friendly environment by placing a lot of value on its users by recognizing their invaluable contribution. I take this opportunity to congratulate all the award winners for their outstanding performance for which they have been recognized today. But for their contribution, JNPT would not have been in the position as it’s today”, he added.

Recalling the glorious past, the Shipping Minister stated that JNPT was established primarily to ease congestion in Mumbai Port. When the port was conceptualized, the economic model of the country was very different from the conditions the port had to operate after its commissioning. The financial and economic crisis of 1991 spurred the country to undertake liberalization and changed the economic paradigm. 
This resulted in economic revival and launched the country in a trajectory of unprecedented growth in maritime sector.
While recounting the milestones crossed by the port, he pointed out: When we look back, within this short time, the port has delivered and grew by leaps and bounds to become India’s largest container port catering to about 44$ of container trade. As you know, JNPT is currently ranked 26th among the top 100 container ports in the world. 
Many people have contributed to the success of JN Port.
The UPA Government has been able to resolve a longstanding demand of Project Affected Persons (PAPs) to make the 12.5% scheme of the State Government applicable to them. The Government after much deliberation approved to allot 111 hectares of land to PAPs who sacrificed their land to set up this port, he said and directed the officials concerned to implement the scheme promptly.
Mr. Vasan observed: “In 2012-2013, amidst global economic recession, we have been able to award a record number of 32 port projects at an estimated cost of Rs. 6,765 crores to add capacity of about 136 Million Tonnes Per Annum (MTPA). This financial year the Ministry is targeting to award 30 projects to increase the capacity by 282 MTPA at an investment of around Rs. 25,000 crores. “We have already awarded one project in VPT for Rs. 940 crores”.

On an emphatic note, the Minister noted that JNPT has drawn up a plan to increase its capacity to handle projected container traffic of 10 million TEUs by 2016-17. The port has recently awarded the project to extend a container berth by 330 metres. JNPT has also re-invited the tender for the 4th container terminal which is designed to add 4.8 million TEUs capacity at an estimated cost of Rs. 7,000 crores.

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