JSW Infrastructure Greenlights Rs 2,359 Crore for Expansion

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Image Courtesy: JSW INFRASTRUCTURE

JSW Infrastructure Limited, a subsidiary of the JSW Group, announced on Monday a substantial capital expenditure (capex) plan of ₹2,359 crore aimed at significantly expanding the capacities of its Jaigarh and Dharamtar ports. This strategic investment is part of the company’s ambitious growth strategy for fiscal year 2030, which envisions scaling up its port capacity from the current 170 million tonnes per annum (MTPA) to an impressive 400 MTPA.

In detail, the approved expansion plan entails increasing the port capacities by 36 MTPA, with 21 MTPA designated for Dharamtar Port and 15 MTPA for Jaigarh Port. This decision was ratified by the Board of the respective subsidiary companies overseeing these projects. The extensive capex allocation will cover a range of essential improvements, including mechanical, civil, and electrical works necessary for the construction of new berths and other critical infrastructure.

At Jaigarh Port, this will involve the development of additional railway siding facilities designed to enhance third-party cargo handling capabilities. According to the official statement, this expansion initiative will elevate Jaigarh Port’s total capacity from its current 55 MTPA to a robust 70 MTPA. Simultaneously, Dharamtar Port’s capacity will be boosted from 34 MTPA to 55 MTPA.

This significant upgrade is strategically aimed at accommodating the anticipated increase in cargo volumes, driven primarily by the forthcoming establishment of a 5 MTPA steel-making facility in Dolvi, Maharashtra, which is one of the port’s major anchor customers.

The expansion projects at both ports are projected to facilitate an additional cargo handling volume of around 27 MTPA, reflecting the anticipated growth in throughput. The development work at Jaigarh and Dharamtar ports is expected to be completed by March 2027, marking a substantial enhancement in the infrastructure’s ability to support increased trade activities.

This capex initiative underscores JSW Infrastructure Limited’s commitment to enhancing its port facilities to meet future demands and foster growth. By bolstering its infrastructure, the company aims to streamline cargo movement, bolster operational efficiency, and strengthen its competitive edge in the maritime logistics sector. The planned upgrades will play a crucial role in supporting the expansion of industrial activities in the region and contributing to the overall economic development.

JSW Infrastructure Limited specializes in developing and operating world-class port facilities. Focused on enhancing maritime logistics, the company manages major ports, including Jaigarh and Dharamtar, and is committed to expanding its capacity to meet growing trade demands. JSW Infrastructure aims to drive growth through strategic investments and infrastructure development.