JSW Infrastructure said it aims to expand its cargo-handling capacity to 400 million tonnes per annum (MTPA) by FY30.
“JSW Infrastructure (JSWIL) is set to reshape the nation’s ports and logistics sector with its bold growth strategy. The company aims to expand its cargo-handling capacity to 400 million tonnes per annum (MTPA) by FY30,” the company said in a regulatory filing.
The company said it has an estimated capex of Rs 30,000 crore for FY25-30 to achieve 400 million tonnes per annum capacity.
“Key initiatives include capacity enhancements at Jaigarh, Dharamtar, and Goa, new ports at Jatadhar, Keni, and Murbe and acquisitions like Navkar Corporation and a slurry pipeline project to bolster its end-to-end logistics solutions.”
The company said the share of third-party cargo increased from 5% in FY19 to 48% in 1HFY25.
“The company aims for an equal mix of group and third-party customers, enhancing operational stability and profitability.”
Rinkesh Roy, Joint MD & CEO, JSW Infrastructure said, “We are committed to developing a robust, efficient and integrated ports and logistics ecosystem that aligns with India’s economic growth and infrastructure development goals. By prioritizing capacity expansion and diversifying our customer and product profiles, I am confident we will deliver substantial long-term value to our stakeholders.”
Lalit Singhvi, CFO & Whole Time Director, JSW Infrastructure said, “I am excited to share that JSWIL’s robust financial foundation, with a solid balance sheet and zero net debt, fuels our ambitious expansion plans. We are strategically positioned to drive capacity additions and pursue value-accretive acquisitions, all while maintaining solid financial matrices.”
JSW Infrastructure Limited said it has committed to curtail its direct GHG emissions and achieve net neutrality by 2050.
