The Jawaharlal Nehru Port Trust (JNPT) has signed a pact with the Maharashtra State Electricity Distribution Company (MSEDCL) for power supply in the port area.
JNPT signed the memorandum of understanding (MoU) following its board of trustees' approval on 24 December 2021.
JNPT has five container terminals that handle over 50 percent of the total container cargo among major domestic ports.
With this agreement, the process of legalising electricity distribution once for all is resolved and will help JNPT in delivering its duties towards its stakeholders.
The port has allotted land to Nhava Sheva International Container Terminal, Bharat Mumbai Container Terminals and Gateway Terminals India on a 30-year lease through a concession agreement, under which JNPT is responsible for providing electricity supply to the terminals.
With the pact, JNPT becomes the first major port in the country to sign the distribution franchise agreement (DFA) in compliance with the Electricity Act 2003, and resolve hurdles in supply of electricity.