Current Affairs - Persons - Discussion

Prime Minister Narendra Modi inaugurated Fourth Container Terminal (FCT) of Jawaharlal Nehru Port Trust (JNPT) in Mumbai, Maharashtra. With this, JNPT doubled its container handling capacity. The new FCT will add capacity of 24 lakh containers per year in Phase-I and after completion of Phase-II in 2022, the capacity of JNPT will be 100 lakh containers per year. The new FCT of JNPT has been developed on Design, Built, Fund, Operate and Transfer (DBFOT) basis for a concession period of 30 years at estimated cost of Rs. 7915 crore. The project was implemented in two Phases. i.e. Phase I and Phase II.