JM Baxi Ports and Logistics set to win auction at JN Port

12 Oct 2022 CW Team

JM Baxi Ports and Logistics, a subsidiary of Mumbai-based JM Baxi Group, is expected to win the public-private-partnership (PPP) contract to operate the shallow water and coastal ports of the state-owned Jawaharlal Nehru Port Authority (JNPA).

When the pricing bids were launched on Friday, JM Baxi Ports and Logistics put the highest bid of Rs 84.4 per tonne of cargo handled at the berths, according to numerous sources, including an official at Jawaharlal Nehru Port Authority.

Port tenders at major ports (controlled by the Centre) are decided on the basis of royalty per tonne: the entity prepared to split the highest royalty per tonne of cargo handled at the berth with the port authority wins the 30-year contract.

The royalties payable will rise in lockstep with the wholesale pricing index (WPI), a cost metric. Under the new Major Port Authorities Act and the model concession agreement, the terminal operator will be able to determine market rates (MCA).

J M Baxi Ports and Logistics has won its second contract at Jawaharlal Nehru Port in recent months, and its third overall across major ports.

Real Estate

04 Aug 2026

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..