In the next five years, JM Baxi Ports & Logistics Limited (JMBPLL), an integrated marine logistics services provider, plans to bid for different forthcoming port and associated projects totaling Rs 7,000 crore, including rail linkages, warehouses, roadways, and cold chain facilities.
“The National Monetisation Pipeline of the Government of India (GOI) is lining up 30-to-40 projects in the next 3-to-5 years,” said Dhruv Kotak, managing director, JMBPLL in an interview.
“Thanks to GOI’s initiatives such as National Infrastructure Pipeine, National Monetisation Pipeline, PM Gati Shakti as well as PLI scheme, the bidding opportunity for emerging projects with respect to the privatisation of major ports (including on a BOT basis) will be worth around ₹20,000 crore,” he said.
“We are targeting to bid for major port projects valued at anything from ₹3,000 crore to ₹5,000 crore out of this huge pie subject to various feasibility and competitive bidding parameters,” he added.
