+
JSW Infra eyes government ports privatisation
PORTS & SHIPPING

JSW Infra eyes government ports privatisation

The joint managing director of JSW Infrastructure, India's second biggest port operator by volumes, expressed the company's interest in exploring port privatisation opportunities initiated by the government. He also mentioned their consideration of the mega transhipment port project at Galathea bay in the Great Nicobar Island. Arun Maheshwari, who is also the CEO of the Sajjan Jindal-led JSW Group company, stated, "The government is creating significant opportunities in India. As the second largest port company in India with a strong balance sheet and the ability to grow in this sector, we will assess every major opportunity in the ports sector." He added, "We are looking into the Galathea project, but we are not completely certain about proceeding with it."

JSW Infrastructure, along with nine other companies including Dutch dredging contractor Royal Boskalis Westminster NV, Rail Vikas Nigam, Container Corporation of India, and Essar Ports, has submitted expressions of interest for the Galathea bay project. According to TK Ramachandran, the secretary of the ministry of shipping, the project's estimated worth is between Rs 650-850 billion. JSW Infrastructure currently operates nine state port concessions situated on the west and east coasts of India.

The joint managing director of JSW Infrastructure, India's second biggest port operator by volumes, expressed the company's interest in exploring port privatisation opportunities initiated by the government. He also mentioned their consideration of the mega transhipment port project at Galathea bay in the Great Nicobar Island. Arun Maheshwari, who is also the CEO of the Sajjan Jindal-led JSW Group company, stated, The government is creating significant opportunities in India. As the second largest port company in India with a strong balance sheet and the ability to grow in this sector, we will assess every major opportunity in the ports sector. He added, We are looking into the Galathea project, but we are not completely certain about proceeding with it. JSW Infrastructure, along with nine other companies including Dutch dredging contractor Royal Boskalis Westminster NV, Rail Vikas Nigam, Container Corporation of India, and Essar Ports, has submitted expressions of interest for the Galathea bay project. According to TK Ramachandran, the secretary of the ministry of shipping, the project's estimated worth is between Rs 650-850 billion. JSW Infrastructure currently operates nine state port concessions situated on the west and east coasts of India.

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?