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JNPT Hired ‘SBI Caps’ as a Transaction Advisor for Privatization of JNPCT

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SBI Caps to be transaction advisor for privatisationJawaharlal Nehru Port Trust (JNPT) has hired SBI Capital Markets Ltd. (SBI Caps), a subsidiary of State Bank of India (SBI) to act as transaction advisor for the privatization of the J N Port Container Terminal (JNPCT).


JNPT has planned to privatize the JNPCT through the public-private-partnership (PPP) route in December 2020, and it was evaluated by the standing finance committee (SFC) in the ministry of ports, shipping, and waterways (MoPSW).

SBI Caps as the transaction advisor:

  • JNPT has appointed SBI Caps as the transaction advisor for the PPP project which is estimated to cost Rs.863.31 crores.
  • JNPT is looking to privatize the terminal under PPP mode on upgradation, operation, maintenance, and transfer (UOMT) basis.

About J N Port Container Terminal (JNPCT):

  • It is one of the five container terminals at JNPT and it has handled 1.35 million twenty-foot equivalent units (TEUs) a year (544,027 TEUs in FY21 from 718,863 TEUs in FY20).
  • JNPCT incurred a loss of Rs.11.98 crore in FY19 to Rs.100.84 crore in FY20 and is estimated to reach Rs.155 crore in FY21.

Recent Related News:

On March 1, 2021, The State Bank of India (SBI) Mutual Funds has launched its first overseas offering namely “SBI International Access-US Equity FoF” which is an open-ended Fund of Fund (FoF) scheme that would invest in mutual fund schemes /ETFs (exchange-traded fund) that invest in the United States (US) markets.

About SBI Capital Markets Ltd. (SBI Caps)

Establishment – August 1986
Headquarters –  Mumbai,Maharashtra
MD & CEO -Shri Arun Mehta