JSW Infrastructure wins Rs 740 crore Kolkata port project under PPP model
JSW Infrastructure Limited, India's second-largest private port operator, announced on Monday, July 7, that it has received a Letter of Award (LoA) from the Syama Prasad Mookerjee Port Authority for the redevelopment of container facilities at Netaji Subhash Dock, Kolkata.
The project involves the reconstruction of Berth No. 8 and mechanization of Berths 7 and 8 at the dock under the Design, Build, Finance, Operate, and Transfer (DBFOT) model through public-private partnership (PPP). Key highlights of the project: Concession period: 30 years.
Estimated capex: ₹740 crore.
Construction timeline: 2 years.
The company can begin operations even during the construction phase to leverage Kolkata's steady cargo volumes.
The development aligns with the Indian government's port privatization initiative.
Post completion, the project is expected to enhance both the container-handling capacity and operational efficiency at the port. The investment also marks a milestone in JSW Infrastructure's strategy to diversify its cargo portfolio, particularly in the container segment.
With this addition, JSW's total container-handling capacity is expected to reach close to 1 million TEUs, strengthening its presence on both the eastern and western coasts of India. On the west coast, JSW operates the New Mangalore Container Terminal, which is being expanded from 0.2 million TEUs to 0.35 million TEUs. About JSW Infrastructure
JSW Infrastructure, part of the JSW Group, operates twelve ports and terminals across India and has an international presence with a liquid storage terminal in Fujairah, UAE. The company is targeting a total cargo-handling capacity of 400 million tonnes per annum by 2030, and recently acquired Navkar Corp to strengthen its last-mile logistics capabilities.
The company reaffirmed its commitment to sustainability and ESG standards while continuing its strategic expansion.
Ahmedabad Plane Crash
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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