The country’s biggest container port Jawaharlal Nehru Port Trust (JNPT), declared that it would invest about Rs 4,300 Crores under the PM Gati Shakti Project to make the second phase of the fourth terminal and a Special Economic Zone (SEZ).
- PTC Industries Shares Soar 4% on Inking a Supply Agreement
- HCL Tech Shares Gain 2% on Partnering Up with Strategy
- Shares of Shriram Pistons skyrocketed 9% on Acquiring Antolin Lighting
- Stocks in Focus: Lloyds Engineering, SEAMEC, RailTel, and Others
- Overnight Stock Market Movements: Key Developments
Port Trust Chairman Sanjay Sethi said that these projects would achieve the goals of the Gati Shakti Project as the JNPT plays a vital role in the Exim trade. The proposed investments include Rs 3,196 Crores to construct the second phase of the fourth container terminal. The first phase was finished in December 2018, making a 30 mtpa terminal at Rs 4,719 Crores.
Live