Jawaharlal Nehru Port becomes first full landlord port of India

Tags: National News

Jawaharlal Nehru Port (JNP) has become India's first major 100% landlord port, with all the docks operating on the 'Private-Public Partnership' (PPP) model.

Landlord Model

• In this model, the publicly governed port authority (owner)acts as a regulatory body and a 'landlord', while all other functions relating to port operations are performed by private companies.

• In return, the 'landlord port' receives a portion of the revenue from the private entity.

• Earlier, the government had proposed to set up a major port at Wadhawan (India's 13th major port) near Dahanu in Maharashtra based on the 'Landlord Model'.

About 'Jawaharlal Nehru Port'

• Mumbai's 'Jawaharlal Nehru Port', is one of the leading container ports in the country and ranked 26th among the top 100 global ports - as per Lloyd's List Top 100 Ports 2021 report.

• The Jawaharlal Nehru Port Container Terminal (JNPCT), is currently handling 9000 TEU capacity vessels and with the upgrade, it can handle 12200 TEU capacity vessels.

• At present, there are 12 major ports in India – Deendayal (formerly Kandla), Mumbai, JNPT, Mormugao, New Mangalore, Cochin, Chennai, Kamarajar (earlier Ennore), VO Chidambaranar, Visakhapatnam, Paradip and Kolkata (including Haldia).