The Cabinet Committee
on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi
has approved fresh estimates of the project Deepening and Widening of
Mumbai Harbour Channel and JN Port Channel (Phase-II). The cost of the
project will be Rs.2029 crore excluding the Service Tax. The entire
project cost will be funded through internal resources of JN Port Trust
(JNPT) with market borrowing, if necessary.
The project includes the existing channel to be widened from presently
370 m to 450 m for straight reach, channel to be extended from existing
33.5 Kms to 35.5 Kms. The draft of the channel will be increased from
existing 14 m draft to 15 m draft. The estimated quantity to be dredged
to the tune of 35.03 million cu.mtr. including 1.73 million cu.mtr. rock
The work is likely to be implemented by inviting global tenders and to
be completed within 2 years after its award.
The present total capacity of the JNPT for container handling is 5
million TEUs (Twenty feet Equivalent Unit). After the 4th Terminal
becomes operational, this capacity will be enhanced to 9.8 million TEUs.
Considering the expansion of the container vessel sizes on the main
trade routes, it is anticipated that vessels of more than 8,000-12,000
TEU size will call the JN Port.
After completion, JNPT will attain capacity for handling additional
traffic throughput of 1.67 million TEUs. The enhanced capability would
help in handling larger vessels upto 12,500 TEUs besides economic
benefits like saving in Vessel waiting time and savings on account of
transshipment. The ultimate benefit to users will be in terms of lower
unit cost, direct and indirect tax benefits in addition to reduction in
vessel traffic congestion at JNPT. This would add to the competitiveness
of India’s EXIM trade.
Over the years, the size of container ships is progressively becoming
larger as it is much more economical to operate large ships and the cost
of operation gets cheaper as much as by 40% for the larger ships. With
increase in container cargo volume and increase in capacity of container
carrying vessels fleet worldwide, JN Port has decided to handle new
generation container vessels with wider beam and deeper drafts. The new
generation bigger size vessels need deeper channel depth to navigate and
accordingly deepening and widening of the channel further from 14.0 to
15.0 m draft with vessel capacity of 12,500 TEU is envisaged.
At present, JN Port is handling vessels having a draft of 14 m that is
6,000 TEUs capacity by taking advantage of tidal window.