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

The World Bank Group’s private-sector arm, the International Finance Corporation, has committed ₹672 crore to Jawaharlal Nehru Port Authority to fund shore power infrastructure at India’s busiest container gateway. The project is designed to allow ships at berth to switch off diesel engines and plug into land-based electricity, 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 (10:03 PM IST)•6 min read

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

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

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