JSW Infra Secures Majority Stake in PNP Port from SP Group

06 Dec 2023 CW Team

JSW Infrastructure has achieved a significant milestone by acquiring a majority stake in PNP Port from the SP Group. This strategic move positions JSW Infra as a major player in the maritime sector and underscores its commitment to expanding and diversifying its infrastructure portfolio.

The acquisition is set to bring about notable changes in the operational landscape of PNP Port, with JSW Infra injecting its expertise and resources to enhance efficiency and overall capabilities. This move aligns with JSW Infra's vision to play a pivotal role in the development and modernization of critical infrastructure in India.

The deal signifies a strategic realignment in the ownership structure of PNP Port, with JSW Infra poised to leverage its industry experience and financial strength for the port's growth and development. The acquisition also highlights JSW Infra's focus on bolstering the country's maritime infrastructure to meet the demands of a rapidly evolving global trade scenario.

As JSW Infra secures a majority stake in PNP Port, it not only strengthens its position in the sector but also contributes to the overall advancement of India's port and logistics capabilities. The transaction marks a crucial step in JSW Infra's growth trajectory and reinforces its commitment to playing a transformative role in shaping the future of India's infrastructure landscape.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..