JNPA, IFC partner for $70mn blue finance investment

JNPA has partnered with IFC to develop India's first Blue Finance framework for the maritime sector, supporting sustainable port infrastructure. IFC's USD 70 million investment will fund shore power systems at JNPA terminals, cutting carbon emissions by 63% and air pollution by up to 90 per cent. The project is expected to create over 400 jobs and support wider adoption.