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Hot Pursuit News

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(03 Jul 2024, 13:34)

JSW Infra's subsidiary concession agreement V.O. Chidambaranar Port Authority

JSW Infrastructure said that its subsidiary JSW Tuticorin Multipurpose Terminal has entered into a concession agreement with V.O. Chidambaranar Port Authority, Tamil Nadu.

The agreement is for development and mechanization of North Cargo Berth-III (NCB-III) for handling dry bulk cargo at V.O. Chidambaranar Port on design, build, finance, operate and transfer (DBFOT) basis.

JSW Infra stated that the company will develop and mechanize a new 7 MPTA Cargo Berth III at the V.O. Chidambaranar Port.

The company will leverage its operational capabilities of handling bulk products and increase its cargo share on the East Coast. The asset provides access to the rich hinterland with a diverse cargo profile including dry bulk, coal, limestone, gypsum, rock phosphate & copper concentrate.

JSW Infrastructure a part of JSW Group, is the second largest commercial port operator in India in terms of cargo handling capacity. It develops and operates ports and p...

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