JSW Infrastructure has received Letter of Acceptance (LoA) from Southern Railway, Chennai Division for Contract for Construction & Operation of Gati Shakti Multi-Modal Cargo Terminal (GCT) at Arakkonam, Chennai, Tamil Nadu. This marks an additional stride towards the company’s long-term vision of building and scaling an efficient pan-India logistics network for last-mile connectivity.
The Company shall commence construction within 3 months of the grant of approval of construction, and complete construction within 18 months of the grant of approval of construction of GCT. The Railway land shall be licensed for a period of 35 years.
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.
