From The Economic Times · Twesh Mishra · · 1m
India's First Mega Ports Notified
India's first mega ports get new status under central government.
In brief
India's first mega ports get new status under central government. India's central government notified four ports as mega ports, including Adani's Mundra Port, with the status valid for five years. Originally reported by The Economic Times.
Central government notifies four mega ports
The centre has notified four mega ports in the country, a first of its kind nomenclature for the sector.
Adani's Mundra Port included
Adani Group’s Mundra Port is the fourth, and only private sector owned asset, in this list.
Mega port status valid for five years
The mega port status will be valid for five years, based on a July 30 gazette notification.
Criteria for mega port status
A port annually registering 150 Million Metric Tonnes of cargo throughput or 7.5 Million Twenty-Foot Equivalent Units shall be considered for this status.
Ports listed in notification
The ministry of ports, shipping, and waterways listed major ports of Deendayal (Kandla), Jawaharlal Nehru (Nhava Sheva), and Paradip.
The essence
India's central government notified four ports as mega ports, including Adani's Mundra Port, with the status valid for five years.
