JSW Infrastructure Limited has unveiled a significant investment plan aimed at enhancing the capacity of its Jaigarh and Dharamtar ports. The recent infrastructure port expansion investment by JSW Infrastructure aims to significantly enhance cargo capacity and operational efficiency. The company will allocate ₹2,359 crore towards this ambitious expansion project, which aligns with its long-term strategy to increase its total port capacity to 400 million tonnes per annum (MTPA) by the fiscal year 2030. This represents a substantial rise from its current capacity of 170 MTPA.
JSW Infrastructure Limited has unveiled a substantial investment plan focused on port expansion, specifically targeting its Jaigarh and Dharamtar ports. The company is set to allocate ₹2,359 crore for this ambitious infrastructure project, which is a critical component of its long-term strategy to increase total port capacity significantly. With a goal of reaching 400 million tonnes per annum (MTPA) by the fiscal year 2030, this investment underscores JSW Infrastructure’s commitment to enhancing its operational capabilities. Currently, the port’s capacity stands at 170 MTPA, making this expansion a pivotal move in scaling up its services to meet growing demand.
The expansion will particularly boost Dharamtar Port’s capacity by an impressive 21 MTPA, reinforcing JSW Infrastructure’s position in the competitive port sector. This investment in port expansion is expected to facilitate increased trade and improve overall efficiency in logistics and transportation. By prioritizing infrastructure enhancements, JSW Infrastructure aims to strengthen its role in supporting economic growth and development within the region, ensuring that its ports are equipped to handle future demands and contribute to the country’s maritime objectives.
The expansion will see Dharamtar Port’s capacity grow by 21 MTPA, boosting its total to 55 MTPA from the present 34 MTPA. Simultaneously, Jaigarh Port will see an increase of 15 MTPA, raising its capacity from 55 MTPA to 70 MTPA. The investment will encompass a range of development activities, including mechanical, civil, and electrical works. Notably, new berths and additional infrastructure, such as railway sidings at Jaigarh Port, will be constructed to facilitate the movement of third-party cargo.
This expansion is strategically planned to accommodate increased cargo volumes, particularly from JSW’s anchor customers, including a new 5 MTPA steel-making facility set to be established in Dolvi, Maharashtra. The anticipated completion date for the expansion at both ports is March 2027, by which time the increased capacity is expected to significantly enhance operational efficiency and support the growing logistical demands of the company.
JSW Infrastructure Limited, a leading private commercial port operator in India, operates major ports on both the east and west coasts of the country. The company is the second-largest private port operator in India and also maintains an international presence through a liquid tank storage terminal in Fujairah, UAE.
As of September 10, 2024, JSW Infrastructure Ltd’s share price opened at ₹314.75, reaching a high of ₹315.75 by 9:33 AM on the NSE.
