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Nation’s largest container port JNPT planning to host edible oil refinery

Thursday, 08 November 2018 | 00:00

The nation’s largest container port JNPT in Navi Mumbai is planning to host an edible oil refinery to maximise revenue and ensure captive cargo. According to the acting chairman of JNPT, Neeraj Bansal, the state-run port already has a liquid cargo terminal in addition to the four container terminals off the city’s east coast.

He said the port has received an expression of interest from edible oil players for setting up a refinery on our land, adding that it is a good way to earn revenue by giving out our land for the same. He said the land will be leased out on a long-term basis and it will also be beneficial for the port as it will give it captive cargo.

The raw material for the refinery will be imported from abroad and a considerable part of the finished products will be sent out through the sea, Bansal said, pointing to the cargo possibilities that come along with a port. Port sources said a six-acre plot has already been identified for the refinery project.
Source: All India Radio

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