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.
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).
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