based port operator Port of Singapore Authority (PSA) will be commissioning the
part of the first phase of its terminal at Jawaharlal Nehru Port Trust (JNPT)
by the end of this year, PSA India said on Thursday.
will be commissioning the first part of the first phase of the Bharat Mumbai
Container Terminal (BMCT) at JNPT by the end of December,” Mike Formoso,
managing director of PSA India told the media on the sidelines of the South
Asia Maritime & Logistics Forum.
terminal which will have a total capacity of 4.8 million TEUs (twenty-foot
equivalent units- a measure of shipping containers), will be ready with 6
cranes or 1 million TEUs by December end of 2017. The total capacity of the
terminal is 12 cranes.
remaining capacity of the terminal will be constructed over the next 4 years
and is expected to get completed by the end of 2021. The entire construction is
divided into two phases of 2.4 million TEUs and December of this year will mark
the commissioning of the first part of the first phase.
laid the foundation stone of its terminal at the port in Mumbai two years back
through Bharat Mumbai Container Terminals which is a wholly owned subsidiary of
PSA Bharat Investments that is, in turn, a subsidiary of PSA International.
entire project is being developed with an overall investment of close to Rs
8000 crore out of which the cost of the first phase is Rs 4,719 crore. It is
expected to employ 300 workers apart from contract employees.
has been in India since 1999 and runs ports in Chennai, Tuticorin and Kolkata.
Mr. Formoso said that he was confident that the terminal will get traffic at
the terminal once it is commissioned.
terminal will position PSA India beside the UAE –based port operator DP World
and Netherlands- headquartered APM Terminals that also have terminals at JNPT.