JNPT plans Rs 7,000cr investment

Jawaharlal Nehru Port Trust (JNPT), which handles 60 per cent of the country’s container cargo, plans to invest Rs 7,000 crore in the next six years to upgrade it to handle bigger ships and more cargo. The Rs 7,000 crore would be spent on setting up a fourth container terminal, dredging the approach channel, purchase of new cranes, extending the berth wall, a top Port official said at a press meet.  “We have about 32 projects on. We will be spending about Rs 7,000 crore on them in the next five or six years. For this year, we have an outlay of Rs 200 crore,” JNPT chairman S.S. Hussain said