JSW Infra Unveils Rs 300 Billion Capex; Aims 400 MTPA Cargo by FY30
ROADS & HIGHWAYS

JSW Infra Unveils Rs 300 Billion Capex; Aims 400 MTPA Cargo by FY30

JSW Infrastructure has announced a Rs 300 billion capital expenditure plan to boost its cargo-handling capacity to 400 million tonnes per annum (MTPA) by FY30. The growth strategy will focus on logistics integration and a mix of greenfield and brownfield projects at key strategic locations across India. The company plans to enhance its logistics network through acquisitions, including Navkar Corporation, and a slurry pipeline project. In terms of brownfield expansion, JSW Infra is increasing capacity at existing ports in Jaigarh, Dharamtar, and Goa. It is also developing new ports at Jatadhar, Keni, and Murbe under its greenfield initiatives. JSW Infrastructure reported a strong financial position with zero net debt as of September 30, 2024, highlighting its robust balance sheet. The company has also significantly diversified its cargo portfolio, with third-party cargo now accounting for 48% of total volumes in H1 FY25, compared to just 5% in FY19. The company aims for a 50-50 split between group and third-party customers to ensure stability and profitability. Sustainability remains a key focus for JSW Infrastructure, with plans to integrate advanced technologies to minimise environmental impact. The company has committed to reducing its greenhouse gas emissions and achieving net-zero emissions by 2050. "Our goal is to create an efficient, integrated ports and logistics ecosystem that will support India’s economic growth. This expansion will deliver long-term value to our stakeholders," said Rinkesh Roy, Joint MD and CEO of JSW Infrastructure. (CNBCTV)

JSW Infrastructure has announced a Rs 300 billion capital expenditure plan to boost its cargo-handling capacity to 400 million tonnes per annum (MTPA) by FY30. The growth strategy will focus on logistics integration and a mix of greenfield and brownfield projects at key strategic locations across India. The company plans to enhance its logistics network through acquisitions, including Navkar Corporation, and a slurry pipeline project. In terms of brownfield expansion, JSW Infra is increasing capacity at existing ports in Jaigarh, Dharamtar, and Goa. It is also developing new ports at Jatadhar, Keni, and Murbe under its greenfield initiatives. JSW Infrastructure reported a strong financial position with zero net debt as of September 30, 2024, highlighting its robust balance sheet. The company has also significantly diversified its cargo portfolio, with third-party cargo now accounting for 48% of total volumes in H1 FY25, compared to just 5% in FY19. The company aims for a 50-50 split between group and third-party customers to ensure stability and profitability. Sustainability remains a key focus for JSW Infrastructure, with plans to integrate advanced technologies to minimise environmental impact. The company has committed to reducing its greenhouse gas emissions and achieving net-zero emissions by 2050. Our goal is to create an efficient, integrated ports and logistics ecosystem that will support India’s economic growth. This expansion will deliver long-term value to our stakeholders, said Rinkesh Roy, Joint MD and CEO of JSW Infrastructure. (CNBCTV)

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code