JSW Infrastructure approves Rs 2,359 crore capex for capacity expansion
JSW Group firm JSW Infrastructure has approved a capex of Rs 2,359 crore for the capacity expansion at its Jaigarh and Dharamtar Ports in Maharashtra.
The plan includes mechanical, civil, and electrical work for the new berths and additional infrastructure like railway siding for Jaigarh Port to boost third-party cargo movement. The expansion will increase the overall capacity of Jaigarh Port to 70 MTPA from 55 MTPA currently and Dharamtar Port to 55 MTPA from 34 MTPA at present.
This expansion primarily aims to cater to the increased cargo volume of the anchor customer led by the proposed five MTPA steel-making facility at Dolvi, Maharashtra.
The expansion at both ports is expected to generate an additional cargo handling volume of approx. 27 MTPA. Construction at both ports is anticipated to be completed by March 2027.
As part of the company's FY30 growth plan to increase capacity to 400 million tpa, the Board of the respective subsidiary companies has approved a total capacity expansion plan of 36 million tpa at Dharamtar and Jaigarh.