JSW Infra to Boost Cargo Handling
PORTS & SHIPPING

JSW Infra to Boost Cargo Handling

JSW Infrastructure, India's second-largest private port operator, announces a substantial investment of up to Rs 70 billion to enhance its cargo handling capacity. This investment will primarily focus on the expansion and modernization of a cargo terminal to meet the growing demands of the shipping and logistics sector.

The investment plan underscores JSW Infra's commitment to strengthening its presence in the maritime industry and supporting India's growing trade volumes. By expanding its cargo handling capacity, JSW Infra aims to enhance efficiency and service quality, catering to the evolving needs of its customers and stakeholders.

The proposed investment will enable JSW Infra to upgrade its infrastructure and adopt advanced technologies to optimize cargo handling operations. The modernization efforts are expected to streamline processes, reduce turnaround times, and enhance overall productivity, thereby boosting the competitiveness of India's port sector.

Stakeholders in the shipping, logistics, and trade sectors welcome this significant investment by JSW Infra, as it is poised to catalyze growth and development in maritime trade. The expansion of cargo handling capacity is crucial for meeting the increasing demand for efficient and reliable port services, contributing to India's economic growth and global trade competitiveness.

As JSW Infra embarks on this ambitious investment plan, it reaffirms its commitment to driving innovation and excellence in the maritime infrastructure sector. The expansion of cargo handling capacity is poised to unlock new opportunities and propel India's port industry towards greater efficiency and competitiveness on the global stage.

JSW Infrastructure, India's second-largest private port operator, announces a substantial investment of up to Rs 70 billion to enhance its cargo handling capacity. This investment will primarily focus on the expansion and modernization of a cargo terminal to meet the growing demands of the shipping and logistics sector. The investment plan underscores JSW Infra's commitment to strengthening its presence in the maritime industry and supporting India's growing trade volumes. By expanding its cargo handling capacity, JSW Infra aims to enhance efficiency and service quality, catering to the evolving needs of its customers and stakeholders. The proposed investment will enable JSW Infra to upgrade its infrastructure and adopt advanced technologies to optimize cargo handling operations. The modernization efforts are expected to streamline processes, reduce turnaround times, and enhance overall productivity, thereby boosting the competitiveness of India's port sector. Stakeholders in the shipping, logistics, and trade sectors welcome this significant investment by JSW Infra, as it is poised to catalyze growth and development in maritime trade. The expansion of cargo handling capacity is crucial for meeting the increasing demand for efficient and reliable port services, contributing to India's economic growth and global trade competitiveness. As JSW Infra embarks on this ambitious investment plan, it reaffirms its commitment to driving innovation and excellence in the maritime infrastructure sector. The expansion of cargo handling capacity is poised to unlock new opportunities and propel India's port industry towards greater efficiency and competitiveness on the global stage.

Next Story
Real Estate

Indian REITs Offer 6-7.5 per cent Yield, Surpassing Many Global Markets

Indian Real Estate Investment Trusts (REITs) are delivering average yields of 6–7.5 per cent for unitholders, outperforming many mature markets, including the US, according to a report by Credai and Anarock.Credai, the apex body of Indian real estate developers, and property consultant Anarock released the report Indian REITs – A Gateway to Institutional Real Estate at an event in India.Currently, India has five listed REITs – Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, Nexus Select Trust, and Knowledge Realty Trust. Nexus Select Trust pr..

Next Story
Infrastructure Energy

Insolation Energy Wins 226 MW Solar Projects Under PM-KUSUM

Insolation Energy on Monday announced securing multiple solar projects totalling 226.45 MW, with an investment of Rs 7.5 billion, under the PM-KUSUM scheme. The orders were awarded to its wholly-owned subsidiary, Insolation Green Energy Pvt Ltd, by Jaipur Vidyut Vitran Nigam Limited for 20 sites and Ajmer Vidyut Vitran Nigam Limited for 115 sites, the company informed the exchanges.“The combined SPV solar power plants will total 226.45 MW under PM-KUSUM Component A, with the final levelised tariff at Rs 3.04 per unit for 16 sites, Rs 2.82 per unit for 5 sites, Rs 2.75 per unit for 53 sites, ..

Next Story
Infrastructure Energy

Numaligarh Refinery Awards EPC Contract for Rooftop Solar Projects

State-owned Numaligarh Refinery Ltd. (NRL) has awarded a Letter of Award to Solarium Green Energy Ltd. for the rate contract covering the Engineering, Procurement, and Construction (EPC) of grid-connected rooftop solar PV projects at various locations. The projects fall within the categories of 51–200 kW and 201–1000 kW. Notable projects include a 140 kW rooftop solar plant at NRL Assam, a 760 kW plant at NRL Assam, and a 280 kW plant at NRL West Bengal.The supply order covers ex-manufacturing works and the dispatch price for plant and equipment for the 140 kW, 760 kW, and 280 kW rooftop s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?