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JSW Infra approves Rs 2,359 crore capex for ports expansion

Infrastructure  -  Oct 10,2024  - 

JSW Infrastructure has approved a capital expenditure of Rs 2,359 crore for capacity expansion at its Jaigarh and Dharamtar ports along the west coast. The expansion is part of the company’s growth strategy to enhance its overall cargo-handling capacity to 400 MTPA by 2030 or earlier, from its capacity of 170 MTPA.

The Board of the respective subsidiary companies has approved a total capacity expansion plan of 36 MTPA  comprising 15 MTPA at Jaigarh and 21 MTPA at Dharamtar. The expansion will increase the overall capacity of Jaigarh port to 70 MTPA.

Alos, the capacity of Dharamtar port, situated in Dolvi, Maharashtra, is set to increase to 55 MTPA from the current 34 MTPA, after the expansion.

The capex plan includes mechanical, civil, and electrical work for the new berths and additional infrastructure, such as railway siding for Jaigarh port, to boost third-party cargo movement.  The expansion at both ports is estimated to generate an additional cargo handling volume of approx. 27 MTPA. Construction is anticipated to be completed by March 2027.

 

Company : JSW Infrastructure