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According to ADB, Jawaharlal Nehru Port Authority is under process of re-development of Jawaharlal Nehru Port Container Terminal (JNPCT) through public-private partnership on upgradation, operation, maintenance and transfer basis to increase JNPCT’s maximum capacity to 1.8 million TEUs annually. The work has been awarded for 30-year built operate and transfer concession to Nhava Sheva Freeport Terminal Private Limited (NSFTPL).
ENVIRONMENTAL AND SOCIAL SAFEGUARDS
The Project has been categorized as Category “B” for environment, “C” for Indigenous People and Involuntary Resettlement as per ADB safeguard policy. The rationale for the project categorization is Environment and Social Compliance Audit Report based on assessment of limited environmental impacts associated with the operations of the terminal which can be mitigated by developing and implementing adequate management measures. Also, project does not require additional land, hence involuntary resettlement and impacts on indigenous people are not envisaged.
According to ADB's Environment and Social Audit, the following are the land and resettlement impacts by the project:
The financing package comprises $61.4 million from ADB’s ordinary capital resources and $69.6 million from JICA- funded Leading Asia’s Private Infrastructure Fund (LEAP) administered by ADB. The funds will be used to upgrade existing berths and yards and install additional energy-efficient equipment such as electric quay cranes. These upgrades will expand the terminal’s container handling capacity and attract vessels operating on important international shipping lanes.
Nhava Sheva Freeport Terminal Private Limited (NSFTPL) is a special purpose vehicle established as a consortium between JM Baxi Ports and Logistics Limited and CMA Terminals (100% subsidiary of CMA CGM Group). The special purpose vehicle was formed for operation of (JNPCT) which is currently being operated by Jawaharlal Nehru Port Authority (JNPA). Concessionaire Agreement was executed between JNPA and NSFTPL on 29 July 2022 for upgradation, operation, maintenance and transfer of JNPCT on Public-Private Partnership basis.
Private Actor 1 | Private Actor 1 Role | Private Actor 1 Sector | Relation | Private Actor 2 | Private Actor 2 Role | Private Actor 2 Sector |
---|---|---|---|---|---|---|
- | - | - | - | CMA-CGM Group | Parent Company | Industry and Trade |
- | - | - | - | JM Baxi Ports & Logistics Ltd | Parent Company | Industry and Trade |
- | - | - | - | Nhava Sheva Freeport Terminal Private Limited | Subsidiary | - |
ADB Team Lead:
Japnit Kaur - Private Sector Operations Department
Phone: +63286325280
No other available contacts at the time of disclosure.
CMA CGM Group:
Head Office, Marseille
Boulevard Jacques R.Saadé
4, quai d'Arenc 13235 Marseille cedex 02 France
Phone: +33 (0)4 88 91 90 00
Fax: +33 (0)4 88 91 90 95
Website: www.cmacgm-group.com/en/
JM Baxi Ports & Logistics Limited:
Address:
Godrej Coliseum, 10th Floor,
1001- A & B Wing, Everard Nagar,
Sion East, Mumbai 400 022.
Maharashtra, INDIA
Telephone:+91 22 6153 7900
E-mail: corp@jmbaxi.com
Website: www.jmbaxi.com
ACCESS TO INFORMATION
You can submit an information request for project information at: https://www.adb.org/forms/request-information-form
ADB has a two-stage appeals process for requesters who believe that ADB has denied their request for information in violation of its Access to Information Policy. You can learn more about filing an appeal at: https://www.adb.org/site/disclosure/appeals
ACCOUNTABILITY MECHANISM OF ADB
The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main.