Recognizing the need for additional
infrastructure to cater to increased demand, JNPA invested Rs. 225 Crores to
develop ALCB through the Engineering, Procurement,
and Construction (EPC) mode, utilizing internal funding and also completed the
process to Operationalize it through PPP route in line with the Government
directives. To invest when and where it is needed is business acumen.
In the recently completed tendering process, M/s JSW
Infrastructure Limited has emerged as the top bidder for operating the ALCB, offering a
quoted royalty of Rs. 252 per metric ton. The estimated capital expenditure (CAPEX) for the
operator is Rs. 69 Crores. The Letter of
Intent was awarded to M/s JSW Infrastructure Limited on 19th February 2024, and
the Concession Agreement was signed on 8th April 2024.
Shri Unmesh Sharad Wagh, IRS, Chairman
of JNPA, said “JNPA’s liquid
capacity constraint was causing queuing of ships, with the addition of the new
terminal waiting time will be reduced to Nil”.
Designed for larger vessels with expanded
parcel sizes, it promises enhanced customer service, attracting new clients and
boosting cargo volumes. With the
capability for simultaneous handling of two vessels, it ensures optimized
berthing options and increased throughput, translating to higher revenue
earnings for JNPA.