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JSW Infrastructure incorporates wholly owned subsidiary

14 Mar 2024 Evaluate

JSW Infrastructure has incorporated a wholly owned subsidiary namely JSW JNPT Liquid Terminal on March 13, 2024. The company has received a Letter of Intent (LOI) from Jawaharlal Nehru Port Authority for Equipping, Operation, Maintenance and Transfer of Additional Liquid Cargo Berths LB3 and LB4 at Jawaharlal Nehru Port. The terms of said LOI requires incorporation of a Special Purpose Vehicle to enter into a concession agreement within 30 days of the issue of LOI. Accordingly, the company has incorporated a new entity for the purpose of entering into the said concession agreement and to fulfill the obligations as stated in the said agreement.

JSW Infrastructure is part of the JSW Group, a multinational conglomerate with an international portfolio of diversified assets across various sectors, including steel, energy, infrastructure, cement, paints, venture capital, and sports.


JSW Infrastructure Share Price

276.70 -1.45 (-0.52%)
21-Apr-2026 16:59 View Price Chart
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