JNPT, CIDCO sign up to develop infra for PAPs
PORTS & SHIPPING

JNPT, CIDCO sign up to develop infra for PAPs

India's premier container port Jawaharlal Nehru Port Trust (JNPT) signed a Memorandum of Understanding (MoU) with City and Industrial Development Corporation (CIDCO) for allotment of land under the 12.5% scheme to JNPT Project Affected Persons (PAPs).

In May 2019, the Ministry of Ports, Shipping and Waterways (MoPSW) approved JNPT's proposal for the development of basic infrastructure of land to be allotted under 12.5% scheme of Government of Maharashtra to JNPT PAPs by CIDCO at a maximum cost of Rs 376.20 crore.

According to the MoU, JNPT will transfer over 111 hectares of its land to the State Government for allotment of land to the PAPs, and CIDCO has agreed for the project management contract (PMC) charges at 5% of the project cost. The MoU states that JNPT would pay CIDCO, the actual amount incurred by CIDCO towards developing the said land. CIDCO has agreed to complete the entire work within 36 months.

In addition to transferring the said 111 hectares of the JNPT land, CIDCO will develop the required infrastructure and amenities as per the finalised layout which will be allotted to the JNPT PAPs. JNPT will release the funds in instalments based on actual utilisation certificates issued by CIDCO from time to time. It has also been agreed that until the infrastructure is handed over to local authority, CIDCO will be the area's special planning authority. CIDCO will also bear the infrastructure maintenance cost.

As reported, JNPT has big plans to generate employment by developing its Special Economic Zone  by attracting both public and private investments.

Also read: Maharashtra Maritime Board explores PPP to build Vadhawan Port

India's premier container port Jawaharlal Nehru Port Trust (JNPT) signed a Memorandum of Understanding (MoU) with City and Industrial Development Corporation (CIDCO) for allotment of land under the 12.5% scheme to JNPT Project Affected Persons (PAPs). In May 2019, the Ministry of Ports, Shipping and Waterways (MoPSW) approved JNPT's proposal for the development of basic infrastructure of land to be allotted under 12.5% scheme of Government of Maharashtra to JNPT PAPs by CIDCO at a maximum cost of Rs 376.20 crore. According to the MoU, JNPT will transfer over 111 hectares of its land to the State Government for allotment of land to the PAPs, and CIDCO has agreed for the project management contract (PMC) charges at 5% of the project cost. The MoU states that JNPT would pay CIDCO, the actual amount incurred by CIDCO towards developing the said land. CIDCO has agreed to complete the entire work within 36 months. In addition to transferring the said 111 hectares of the JNPT land, CIDCO will develop the required infrastructure and amenities as per the finalised layout which will be allotted to the JNPT PAPs. JNPT will release the funds in instalments based on actual utilisation certificates issued by CIDCO from time to time. It has also been agreed that until the infrastructure is handed over to local authority, CIDCO will be the area's special planning authority. CIDCO will also bear the infrastructure maintenance cost. As reported, JNPT has big plans to generate employment by developing its Special Economic Zone  by attracting both public and private investments. Also read: Maharashtra Maritime Board explores PPP to build Vadhawan Port

Related Stories

Gold Stories

Next Story
Real Estate

Anshul Singhal launches Vantrock with Rs 42 billion development plan

Real estate professional Anshul Singhal has launched Vantrock Real Assets Private Limited (VRAPL), a Mumbai-headquartered platform focused initially on warehousing, industrial and logistics parks. The company plans to develop approximately 11.5 million sq ft of assets, with an estimated gross development value (GDV) of Rs 42 billion (approximately USD 434 million) on completion.The first phase will cover around 3 million sq ft across the National Capital Region (NCR), Bengaluru and Pune, with an estimated development value of Rs 11 billion (approximately USD 113 million). Construction is sched..

Next Story
Infrastructure Transport

Afcons wins CII award for biodiversity management

Afcons Infrastructure has received the Confederation of Indian Industry (CII) National Award for Environmental Best Practices 2026 in the Biodiversity Management category for its work on the Mumbai-Ahmedabad High Speed Rail Project’s C-2 package.The award was presented at a ceremony in Chennai on 9 October 2026. It was received by Mihir Mishra, Vice-President, CPE, and Sumon Paul, Assistant General Manager, HSE, along with the Afcons team.The project adopted several resource recovery and waste management practices. These included recycling concrete washout waste to recover sand, aggregates a..

Next Story
Technology

Indian businesses lead globally in planned AI investment, says Autodesk

Indian organisations are moving towards deeper integration of artificial intelligence (AI), digital technologies and sustainability into business operations, according to Autodesk’s 2026 State of Design & Make report. The fourth edition of the annual study highlights growing AI adoption, measurable outcomes from digital transformation and the role of sustainability in long-term business growth.The report found that 64 per cent of Indian organisations are approaching or have achieved their current AI goals. While 88 per cent believe AI will enhance their industry, up from 78 per cent in 2..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code