JSW Infrastructure subsidiary JSW Tuticorin Multipurpose Terminal has finalised a concession agreement with the VO Chidambaranar Port Authority in Tamil Nadu for developing a berth.

The agreement, signed on July 2, entails the development and mechanisation of North Cargo Berth-III (NCB-III) for handling dry bulk cargo at the port on a design, build, finance, operate, and transfer (DBFOT) basis.

The firm will construct a 7 million metric tonnes per annum (MPTA) cargo berth, enhancing the port’s capacity to handle bulk products.

The development aims to bolster JSW's market share on the East Coast of India, leveraging its expertise in handling diverse cargoes such as dry bulk, coal, limestone, gypsum, rock phosphate, and copper concentrate, the company said.