JSW Infra Acquires Pipeline Business from JSW Utkal for Rs 16.17 Bn

28 Mar 2025 CW Team

JSW Infrastructure has completed the acquisition of the slurry pipeline business from JSW Utkal Steel for approximately Rs 16.17 billion. The transaction was finalized through a Business Transfer Agreement executed on March 25, 2025, and is subject to closing adjustments.

Alongside the acquisition, JSW Infrastructure has entered into a long-term take-or-pay agreement with JSW Steel for the transportation of iron ore slurry. This agreement ensures the movement of slurry from the Nuagaon mines to Jagatsinghpur, thereby strengthening the logistics and supply chain operations between the two JSW Group companies.

Under a take-or-pay arrangement, the buyer is contractually obligated to either take delivery of the goods or pay a predetermined penalty if the terms of the agreement are not fulfilled. This model offers revenue assurance to JSW Infrastructure for the use of the pipeline, enhancing its long-term business visibility.

JSW Infrastructure, part of the Sajjan Jindal-led JSW Group, is India’s second-largest private port operator, with a total cargo handling capacity of 170 million tonnes per annum (MTPA). The company continues to expand its infrastructure assets across key industrial corridors to support the group’s steel and other related businesses.

JSW Utkal Steel, from which the slurry pipeline business has been acquired, is a subsidiary of JSW Steel, a leading steel manufacturer and another key entity of the JSW Group. This acquisition is seen as a strategic move to optimize logistics and transportation efficiencies for the group’s integrated steel operations.

News source: Business Standard

Infrastructure Urban

30 Aug 2025

Delivering metals in 24 hours with AI

India’s metal supply chain has long struggled with delays, fragmentation and lack of transparency, forcing purchase teams to chase vendors and juggle uncertain stock. Enlight Metals is tackling these inefficiencies with an AI-powered aggregation platform, multilingual voice-enabled procurement and strategically located dark stores that enable 24-hour delivery – transforming how OEMs, EPCs and infrastructure players source their metals. In a conversation with CW, Dhananjay Goel, Director, and Vedant Goel, Director, shares how the company is reshaping procurement. What problem..

Silvin's CPVC Additive Gets NSF® Certification for Safety

Silvin Additives, a prominent manufacturer of PVC and CPVC additives, has secured the NSF® Guideline 533 certification for its CPVC Super1Pack formulation. This certification affirms the additive’s compliance with stringent international health and safety standards for products intended for drinking water applications.Awarded by NSF, a globally respected public health and safety authority based in Michigan, United States, the certification is granted only after rigorous product testing and inspection. NSF® Guideline 533 specifically assesses the safety of chemical ingredients used in produ..

Mitsubishi Halts Offshore Wind Projects in Japan

Mitsubishi Corporation (MC) has announced its decision to withdraw from three major offshore wind projects off the coast of Japan due to a significant shift in global business conditions. The projects were being developed through a consortium led by its subsidiary, Mitsubishi Corporation Offshore Wind Ltd., and were located off the shores of Noshiro City, Mitane Town, and Oga City in Akita Prefecture; Yurihonjo City in Akita Prefecture; and Choshi City in Chiba Prefecture.The company stated that following a review initiated in February 2025, it concluded the projects were no longer viable. The..