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"IFC Commits ₹672 Crore to JNPA for Shore Power Infrastructure"

The International Finance Corporation, the World Bank Group’s private-sector arm, has committed ₹672 crore to the Jawaharlal Nehru Port Authority to fund shore power infrastructure at India’s busiest container gateway. The project will allow ships at berth to switch off diesel engines and draw electricity from the land grid, cutting emissions and improving air quality around the port.

IFC Commits ₹672 Crore to JNPA for Shore Power Infrastructure

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RDU Global Wire

Macro Economy & Fiscal Policy Desk

New Delhi, India Just now (08:20 PM IST)•6 min read

The International Finance Corporation, the World Bank Group’s private-sector arm, has committed ₹672 crore to the Jawaharlal Nehru Port Authority to fund shore power infrastructure at India’s busiest container gateway. The project will allow ships at berth to switch off diesel engines and draw electricity from the land grid, cutting emissions and improving air quality around the port.

The International Finance Corporation, the World Bank Group’s private-sector arm, has committed ₹672 crore to the Jawaharlal Nehru Port Authority to fund shore power infrastructure at India’s busiest container gateway. The project will allow ships at berth to switch off diesel engines and draw electricity from the land grid, cutting emissions and improving air quality around the port.

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