CMA Terminals’ consortium wins JNPTC’s terminal expansion bid

25 Jul 2022 CW Team

A consortium of J M Baxi Ports and Logistics, and CMA Terminals has bagged the contract for the expansion of Jawaharlal Nehru Port Container Terminal at an investment of Rs 872 crore. The Jawaharlal Nehru Port has five terminals and Jawaharlal Nehru Port Container Terminal (JNPCT) is the only one that is self-operated. Out of the remaining four terminals, two are operated by Dubai government-owned DP World, one by PSA International and another by APM Terminals Management.

With the takeover of JNPCT, Jawaharlal Nehru Port in Maharashtra would become the country's first major port to become a 100% landlord port with all its berths being operated on public-private partnership (PPP) model.

For the JNPCT tender, the equal joint venture between J M Baxi Ports and Logistics, and CMA Terminals offered a royalty price of Rs 4,520 per TEU (twenty-foot equivalent units) for the concession period.

The royalty due will increase yearly in line with the rise on the basis of the Wholesale Price Index (WPI). The contract period is for 30 years. The investment for the project will be Rs 872 crore.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..