JSW Infrastructure to Invest ₹2,359 Crore in Port Expansion

JSW Infrastructure Limited has announced a capital expenditure (capex) plan of ₹2,359 crore to expand the capacity of its Jaigarh and Dharamtar ports. This initiative is part of the company’s broader growth plan to increase its overall capacity to 400 million tonnes per annum (MTPA) by FY2030, from the current capacity of 170 MTPA.

As part of this expansion, 21 MTPA will be added at Dharamtar Port, and 15 MTPA will be added at Jaigarh Port. This will bring the total capacity of Jaigarh Port to 70 MTPA, up from the current 55 MTPA, and Dharamtar Port’s capacity will increase to 55 MTPA from 34 MTPA. The capex plan includes mechanical, civil, and electrical work for the construction of new berths and additional infrastructure, such as railway sidings for Jaigarh Port, which will facilitate the movement of third-party cargo.

The expansion is strategically designed to handle the increased cargo volumes from anchor customers, driven by the upcoming 5 MTPA steel-making facility at Dolvi, Maharashtra. Once completed, the expansion at both ports is expected to boost cargo handling capacity by an additional 27 MTPA, enhancing operational efficiency and supporting the growing needs of JSW’s logistics chain.

The construction at Jaigarh and Dharamtar Ports is anticipated to be completed by March 2027.

About JSW Infrastructure Limited

JSW Infrastructure Limited is a leading private commercial port operator in India, offering services related to cargo handling, storage, and logistics. With ports on both the east and west coasts of India, JSW Infrastructure is the second-largest private port operator in the country and has an international presence through a liquid tank storage terminal in Fujairah, UAE.

On September 10, 2024, the share price of JSW Infrastructure Ltd opened at ₹314.75, touching the day’s high at ₹315.75, as of 9:33 AM on the NSE.

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