POWER

JNPT signs pact with Maharashtra’s electricity distribution arm for power supply in port area

The country’s premier container port JNPT on Tuesday said it has signed a pact with the Maharashtra’s electricity distribution arm MSEDCL for power supply in the port area.

Jawaharlal Nehru Port Trust (JNPT) signed the memorandum of understanding with Maharashtra State Electricity Distribution Co Ltd (MSEDCL) following its board of trustees’ approval on December 24, the port said in a release.

JNPT has five container terminals that handle over 50 per cent of the total container cargo among the 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,” JNPT Chairman Sanjay Sethi said.

The port has allotted land to Nhava Sheva International Container Terminal, Bharat Mumbai Container Terminals and Gateway Terminals India Pvt Ltd on a 30-year lease through a concession agreement, under which JNPT is responsible for providing electricity supply to the terminals, said the release.

With the pact, JNPT becomes the first major port in the country to sign the distribution franchine agreement (DFA) in compliance with the Electricity Act

Source
ET Energy World
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