JSW Infrastructure wins Murbe Port deal

09 Oct 2024 CW Team

JSW Infrastructure has secured the prestigious Rs 4,259 crore contract to develop the Murbe Port in Maharashtra, marking a significant step in boosting coastal shipping and enhancing the state's maritime infrastructure. This deal comes as one of the final major decisions by the Eknath Shinde-led Maharashtra government, reflecting the state's commitment to strengthening its strategic port network and increasing its role in national and international trade.

Murbe Port, a greenfield development project, is expected to improve Maharashtra’s logistics and trade capabilities by providing a world-class facility that can handle large-scale cargo operations. Strategically located along the state’s coastline, the port will be designed to enhance cargo movement efficiency, reduce transportation costs, and foster economic growth across the region. The development aligns with India’s broader goal to enhance port infrastructure and increase the capacity for maritime trade.

JSW Infrastructure, a part of the JSW Group, has been actively expanding its portfolio in the logistics and port sectors, and this new project further solidifies its position as a leader in port development. With Murbe Port, the company aims to integrate cutting-edge technology and operational efficiency, creating a modern port facility that can handle significant cargo volumes while supporting sustainable practices.

This investment is expected to generate substantial economic benefits for the region, including job creation and an improved coastal shipping network that will facilitate better connectivity between Maharashtra and other key regions in India. Additionally, the Murbe Port project underlines Maharashtra’s ambition to play a central role in India's growing maritime economy, supporting both domestic and international trade.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..