JNPA invites bids for automated empty container yard development
PORTS & SHIPPING

JNPA invites bids for automated empty container yard development

The Jawaharlal Nehru Port Authority (JNPA) has invited private firms to bid for developing and operating an automated empty container yard on a 26.20-hectare site near Sawarkhar Village, approximately 20-25 km from Navi Mumbai. The 30-year lease project is aimed at enhancing infrastructure and trade efficiency under the "ease of doing business" initiative.

The yard will handle, store, repair, and service empty ISO shipping containers to tap into the export-import potential of the port, which primarily caters to trade in Northern, Western, and Central India. On average, JNPA handles 1 million twenty-foot equivalent units (TEUs) of empty containers annually, accounting for 18% of its total throughput.

The successful bidder must develop an automated storage and retrieval system (ASRS) on at least 25% of the land, achieving a minimum storage capacity of 25,000 TEUs within two years and scaling up to 100,000 TEUs within five years. The project also requires a truck appointment system to prevent traffic congestion, gate automation, and real-time container location mapping through a terminal operating system.

JNPA has set a reserve lease price of Rs 90.4 million per annum, including GST, with bidders required to quote premiums above this rate. Lease rent will escalate by 2% annually, with options for upfront payment calculated as the net present value of the total lease rent over 30 years.

Currently, 74 privately operated empty container yards exist near JNPA, with varying infrastructure quality and logistical inefficiencies. Many yards face challenges such as inadequate road access, lack of parking, and unsystematic container stacking, leading to traffic congestion and higher logistics costs.

This initiative is expected to streamline operations, reduce bottlenecks, and improve governance in empty container yard management. JNPA's move aims to address long-standing inefficiencies while supporting India's growing trade demands. (ET)

The Jawaharlal Nehru Port Authority (JNPA) has invited private firms to bid for developing and operating an automated empty container yard on a 26.20-hectare site near Sawarkhar Village, approximately 20-25 km from Navi Mumbai. The 30-year lease project is aimed at enhancing infrastructure and trade efficiency under the ease of doing business initiative. The yard will handle, store, repair, and service empty ISO shipping containers to tap into the export-import potential of the port, which primarily caters to trade in Northern, Western, and Central India. On average, JNPA handles 1 million twenty-foot equivalent units (TEUs) of empty containers annually, accounting for 18% of its total throughput. The successful bidder must develop an automated storage and retrieval system (ASRS) on at least 25% of the land, achieving a minimum storage capacity of 25,000 TEUs within two years and scaling up to 100,000 TEUs within five years. The project also requires a truck appointment system to prevent traffic congestion, gate automation, and real-time container location mapping through a terminal operating system. JNPA has set a reserve lease price of Rs 90.4 million per annum, including GST, with bidders required to quote premiums above this rate. Lease rent will escalate by 2% annually, with options for upfront payment calculated as the net present value of the total lease rent over 30 years. Currently, 74 privately operated empty container yards exist near JNPA, with varying infrastructure quality and logistical inefficiencies. Many yards face challenges such as inadequate road access, lack of parking, and unsystematic container stacking, leading to traffic congestion and higher logistics costs. This initiative is expected to streamline operations, reduce bottlenecks, and improve governance in empty container yard management. JNPA's move aims to address long-standing inefficiencies while supporting India's growing trade demands. (ET)

Next Story
Infrastructure Urban

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group’s Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence’s long-term commitment to the Indian market and its support for the Indian Government’s Make in India initiative. The partnership’s current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the “Vulc..

Next Story
Infrastructure Urban

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company’s growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Next Story
Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association’s industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States’ share of global activity below 15 per cent. Meanwhile, in..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?