Sunday, December 7, 2025
News

JSW Infrastructure targets 400 MTPA cargo-handling capacity by FY2030

SocialTwist Tell-a-Friend    Print this Page   COMMENT

New Delhi | December 19, 2024 12:12:20 PM IST
JJSW Infrastructure Limited (JSWIL), part of the JSW Group aims to expand its cargo-handling capacity to 400 million tonnes per annum (MTPA) by financial year (FY) 2030, the company said on Thursday.

India's second-largest private port operator stated that it has an estimated Capex of Rs 30,000 crores for FY25-30 to achieve 400 million tonnes per annum capacity which will drive capacity expansion.

The company has undertaken key initiatives which include Brownfield projects: Goa, Dharamtar, and Jaigarh capacity improvements. New ports at Jatadhar, Keni, and Murbe are examples of greenfield developments, the company stated.

JSWIL has strengthened its end-to-end logistics solutions through acquisitions such as Navkar Corporation and a slurry pipeline project, as per the company.

JSWIL further added that it has made significant progress in diversifying its customer base. The share of third-party cargo increased from 5 per cent in FY19 to 48 per cent in the first half of financial year 2025 (1HFY25).

It aims for an equal mix of group and third-party customers, enhancing operational stability and profitability, JSWIL added.

The company stated that JSW Infrastructure Limited has committed to curtail its direct GHG emissions and achieve net neutrality by 2050 to combat global warming and climate change.

Commenting on the company's vision, Rinkesh Roy, Joint MD and CEO, JSW Infrastructure said: "We are committed to developing a robust, efficient and integrated ports and logistics ecosystem that aligns with India's economic growth and infrastructure development goals. By prioritizing capacity expansion and diversifying our customer and product profiles, I am confident we will deliver substantial long-term value to our stakeholders."

Lalit Singhvi, CFO and Whole Time Director, JSW Infrastructure said: I am excited to share that JSWIL's robust financial foundation, with a solid balance sheet and zero net debt, fuels our ambitious expansion plans. We are strategically positioned to drive capacity additions and pursue value-accretive acquisitions, all while maintaining solid financial matrices."

JSW Infrastructure Limited is renowned for its environmentally sustainable seaports and terminals.

The company operates ten strategically located port concessions along India's west and east coasts, complemented by an international presence with a 465,000-cubic-meter liquid tank storage terminal in Fujairah, UAE. JSW Infrastructure's ports and terminals are equipped to handle a diverse range of cargo and accommodate vessels up to Cape size, with highly mechanized systems ensuring swift turnaround times and optimal resource utilization. (ANI)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
Export Promotion Mission sets unified pa...
Nearly 24 lakh households have adopted r...
Power Minister urges DISCOMs to fast-tra...
India's forex reserves slip USD 1.88 bn ...
Piyush Goyal holds key meetings to stren...
'We're getting back': IndiGo CEO aims to...
More...
 
INDIA WORLD ASIA
Rajasthan CM Sharma gears up party cadre...
'Rahul Gandhi does not respect constitut...
GOC Spear Corps visits army-backed Zakha...
'Will not accept mosque in Babar's name'...
IndiGo says it formed Crisis Management ...
Goa Governor expresses sorrow over tragi...
More...    
 
 Top Stories
Amit Shah releases Gujarati edition... 
Pune land scam: Pimpri-Chinchwad Po... 
Karnataka: Davanagere woman dies af... 
Bigg Boss 19 Finale: Tanya Mittal e... 
Abhishek Dalhor, Jagannath Sarkar h... 
TN: Hindu Munnani, BJP condemn DMK ... 
"Thank you, Sushant, for introducin... 
Chandigarh: Swift police action foi...