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JSW Infrastructure informs about concession agreement

03 Jul 2024 Evaluate

In furtherance to its intimation dated February 23 , 2024 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, JSW Infrastructure has informed that ‘JSW Tuticorin Multipurpose Terminal’ (‘subsidiary of the Company’) has entered into a concession agreement on July 02, 2024 with V.O. Chidambaranar Port Authority, Tamil Nadu, for development 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. 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.

The above information is a part of company’s filings submitted to BSE.

JSW Infrastructure Share Price

274.35 1.50 (0.55%)
17-Apr-2026 16:59 View Price Chart
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