JSW Infra to invest Rs 70 billion to enhance cargo handling capacity
ECONOMY & POLICY

JSW Infra to invest Rs 70 billion to enhance cargo handling capacity

The company owned by Sajjan Jindal had emerged as the winning bidder for the development of a greenfield port at Keni in Karnataka last year. Following this, a concession agreement was signed with the Karnataka Maritime Board, as mentioned by Maheshwari. He stated that for the Keni port, the concession agreement was entered into in November last year, and construction will commence once the remaining approvals are obtained. The anticipated timeframe for completion is four years.

The estimated capital expenditure for the port is Rs 41.19 billion, and it is projected to have an initial cargo handling capacity of 30 million tonnes per annum (MTPA).

Additionally, Maheshwari mentioned the company's involvement in Jatadhar in Odisha, another greenfield port. He noted that JSW Steel plans to establish a steel plant there, with all necessary approvals already in place. The concession agreement is expected to be signed within the current month or the next four weeks. JSW Infra will then initiate the construction of the port, with a targeted capacity of 30 million tonnes in phase 1. This project is estimated to require a capital expenditure of about Rs 30 billion and is anticipated to be completed in 3-4 years.

Furthermore, JSW recently acquired a majority shareholding in PNP Maritime Services (PNP Port), an operating port in Raigad, Maharashtra, for Rs 2.7 billion. The port currently has a capacity of 5 MTPA, with the potential to expand to 19 MTPA.

Maheshwari expressed the company's goal to increase the capacity of the acquired port by 14-15% annually from the base, aiming to reach a total of at least 10 million in the next 3-4 years.

The company owned by Sajjan Jindal had emerged as the winning bidder for the development of a greenfield port at Keni in Karnataka last year. Following this, a concession agreement was signed with the Karnataka Maritime Board, as mentioned by Maheshwari. He stated that for the Keni port, the concession agreement was entered into in November last year, and construction will commence once the remaining approvals are obtained. The anticipated timeframe for completion is four years. The estimated capital expenditure for the port is Rs 41.19 billion, and it is projected to have an initial cargo handling capacity of 30 million tonnes per annum (MTPA). Additionally, Maheshwari mentioned the company's involvement in Jatadhar in Odisha, another greenfield port. He noted that JSW Steel plans to establish a steel plant there, with all necessary approvals already in place. The concession agreement is expected to be signed within the current month or the next four weeks. JSW Infra will then initiate the construction of the port, with a targeted capacity of 30 million tonnes in phase 1. This project is estimated to require a capital expenditure of about Rs 30 billion and is anticipated to be completed in 3-4 years. Furthermore, JSW recently acquired a majority shareholding in PNP Maritime Services (PNP Port), an operating port in Raigad, Maharashtra, for Rs 2.7 billion. The port currently has a capacity of 5 MTPA, with the potential to expand to 19 MTPA. Maheshwari expressed the company's goal to increase the capacity of the acquired port by 14-15% annually from the base, aiming to reach a total of at least 10 million in the next 3-4 years.

Next Story
Infrastructure Urban

Mineral Auction Rules Amended To Speed Mine Operationalisation

The Ministry of Mines notified the Mineral (Auction) Second Amendment Rules, 2026 on 30 March 2026 to accelerate operationalisation of mines and improve ease of doing business in the mining sector. The amendment follows a prior change to the Mineral (Auction) Rules, 2015 effected on 17 October 2025 that introduced intermediary timelines between issuance of a letter of intent (LoI) and execution of the mining lease. The 2025 change provided that one per cent of performance security would be appropriated for each month of delay by the preferred bidder and introduced incentives for early operatio..

Next Story
Infrastructure Transport

Indian Railways Strengthens Telecom And AI Safety Systems

Indian Railways strengthened its telecom and digital infrastructure during 2025-26 with the aim of improving safety, operational efficiency and the passenger experience. The programme promoted modernisation through advanced technologies, robust communication systems and passenger-centric solutions. These measures were presented as part of a drive to build a digitally integrated rail ecosystem. A key development was the enhancement of the Internet Protocol Multi-Protocol Label Switching (IP MPLS) backbone, commissioned at 1,396 stations to meet bandwidth needs of mission-critical applications. ..

Next Story
Infrastructure Transport

NHAI Holds Workshop on Litigation Management and Coordination

The National Highways Authority of India (NHAI) organised a day-long workshop in New Delhi to strengthen capacity and interdepartmental synergy for faster execution of national highway projects. The event was held under Mission Karmayogi – Sadhana Saptah, an initiative of the Government of India to enhance governance through capacity building and improved processes. The workshop focused on structured and solution oriented deliberations to address implementation constraints. The session was chaired by the NHAI chairman Santosh Kumar Yadav and brought together senior officials from NHAI, the M..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement