HomeLatestKolkata Port Gets Major Upgrade as JSW Infrastructure Secures LoA for Berth...

Kolkata Port Gets Major Upgrade as JSW Infrastructure Secures LoA for Berth Redevelopment

In Kolkata, JSW Infrastructure has secured a Letter of Award (LoA) from the Shyama Prasad Mookerjee Port Authority for reconstructing berth 8 and mechanizing berths 7 and 8 at Netaji Subhas Dock. The project, awarded under the DBFOT model for 30 years, is valued at ₹740 crore and will boost Kolkata Port’s container handling capacity. The initiative aligns with JSW Infra’s expansion strategy and strengthens its presence across India’s eastern and western port operations.

The ₹740 crore project will be executed under a public-private partnership and is designed to enhance operational efficiency and terminal capacity. The port operator will begin partial operations even during the construction phase, capitalizing on Kolkata’s steady cargo volumes. Once completed in two years, the project is expected to significantly improve throughput and mechanization at the dock. This move reflects JSW Infra’s targeted investment strategy, aiming to reach a total container handling capacity nearing 1 million TEUs across its national footprint.

This addition marks a strategic boost to JSW Infrastructure’s eastern operations and complements its New Mangalore Container Terminal on the western coast, which is currently being expanded. The firm confirmed the project is not a related party transaction, ensuring compliance with all regulatory norms. The parent company, JSW Group, continues its upward trajectory, posting a 56.67% YoY net profit growth in Q4 FY25, reinforcing its leadership in India’s private port sector.

Also Read: Dholera Attracts Gargs Rs400 Crore Investment as Smart City Development Accelerates

Kolkata Port Gets Major Upgrade as JSW Infrastructure Secures LoA for Berth Redevelopment
RELATED ARTICLES
- Advertisment -spot_img

Most Popular

Recent Comments

Mumbai Railways To Lease Mahalaxmi And Bandra Plots Earning Rs 6k Crore Revenue

Mumbai Railways To Lease Mahalaxmi And Bandra Plots Earning Rs 6k Crore Revenue

0
Mumbai is poised for a fresh wave of real estate activity as Indian Railways prepares to lease two of its prime land parcels in...
Bollywood Actor Hrithik Roshan Rents Sea Facing Apartment To Girlfriend Saba Azad for Rs 75000 per month

Bollywood Actor Hrithik Roshan Rents Sea Facing Apartment To Girlfriend Saba Azad for Rs...

0
Bollywood actor Hrithik Roshan has leased his sea-facing luxury apartment in Juhu to his partner Saba Azad for Rs 75,000 per month. The arrangement,...
MHADA Extends Deadline For 5,285 Flats, 77 Plots In Thane, Vasai Till September 12

MHADA Extends Deadline For 5,285 Flats, 77 Plots In Thane, Vasai Till September 12

0
Affordable housing seekers in Thane and Vasai have been given additional time to secure a home under the Maharashtra Housing and Area Development Authority’s...
SAIL Supplies 8000 Tonnes Critical Steel for Udaygiri and Himgiri Frigates

SAIL Supplies 8000 Tonnes Critical Steel for Udaygiri and Himgiri Frigates

0
The Steel Authority of India Limited (SAIL) has reinforced India’s stride towards defence self-reliance by supplying nearly 8,000 tonnes of critical-grade steel for two...
Property Prices Rise in 45 Cities as Home Loan Rates Ease in Q1 FY26

Property Prices Rise in 45 Cities as Home Loan Rates Ease in Q1 FY26

0
Property prices across India witnessed a broad-based upswing in the first quarter of FY26, with 45 of the 50 monitored cities recording annual appreciation,...