Mumbai, September 9, 2024: In a strategic move aimed at reinforcing its position as India’s second-largest private commercial port operator, JSW Infrastructure Limited has greenlit a substantial capital expenditure of ₹2,359 crore to expand the capacity of its key ports, Jaigarh and Dharamtar. This initiative is part of the company’s ambitious plan to scale up its total handling capacity to 400 million tonnes per annum (MTPA) by FY2030, a significant leap from its current capacity of 170 MTPA.
The approved expansion project will boost the overall capacity of both ports by 36 MTPA, with Jaigarh Port increasing by 15 MTPA and Dharamtar Port by 21 MTPA. This development is designed to cater to the growing needs of JSW’s anchor customers, particularly in light of the proposed 5 MTPA steel-making facility at Dolvi, Maharashtra, which is expected to substantially increase cargo volumes.
As part of this expansive vision, JSW Infrastructure’s capex will fund a range of infrastructure enhancements. This includes mechanical, civil, and electrical upgrades at both ports, alongside new berths and additional railway sidings at Jaigarh Port. These improvements aim to streamline cargo movement, especially for third-party cargo, which is poised to benefit from this logistical expansion.
The capacity at Jaigarh Port, currently at 55 MTPA, will rise to 70 MTPA, while Dharamtar Port will see its capacity grow from 34 MTPA to 55 MTPA. This will contribute an additional 27 MTPA in cargo handling, significantly bolstering the operational capacity and efficiency of both facilities.
JSW Infrastructure’s ambitious growth plans align with broader industrial developments in the region, particularly the increased demand generated by the steel production at Dolvi. The expanded capacity will not only cater to the internal requirements of JSW’s industrial ventures but also position both ports as critical hubs for third-party logistics, opening up new opportunities for external clients.
The company expects the entire project, covering all mechanical, electrical, and civil enhancements, to be completed by March 2027, ensuring JSW Infrastructure remains on track to meet its long-term capacity goals.
This investment in infrastructure reflects JSW Infrastructure’s broader commitment to scaling its operations and playing a pivotal role in India’s growing industrial landscape. The project will reinforce the company’s ability to handle larger volumes of cargo, both for its own industrial needs and for external clients, further solidifying its position in the competitive port sector.
By executing this project, JSW Infrastructure is not only addressing immediate logistical demands but also laying the groundwork for long-term growth, reflecting its confidence in the country’s expanding industrial output and trade flows.
