Union Minister of State for Shipping, Mansukh Mandaviya on Friday laid the foundation stone for development of an additional Liquid Cargo Jetty at Jawaharlal Nehru Port Trust (JNPT) in Mumbai.
Built at a cost of over Rs 300 crore, the project will cater to the increased demand for handling liquid cargo like edible oil, LPG, molasses and other chemicals.
Present at the occasion, Minister Mansukh Mandaviya said, "The Prime Minister Narendra Modi has laid focus on port-led development. Keeping this in view, India's ports are being developed and modernized in line with global best practices."
The minister further added that the new terminal will increase JNPT's present capacity of 6.5 Million Tonnes Per Annum to an additional 4.5 Million Tonnes per Annum.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app