JSW Infrastructure Ltd , a leading port infrastructure company, has made significant strides in expanding its operations across India. The company recently inked two major deals that are set to strengthen its position in the logistics and port sectors.

30-Year Concession Agreement with Kolkata Port

JSW Infrastructure has signed a 30-year concession agreement with the Syama Prasad Mookerjee Port Authority in Kolkata. This long-term partnership involves the reconstruction and mechanization of berths 7 and 8 at the Netaji Subhash Dock. The project will be executed through JSW Kolkata Container Terminal Pvt Ltd, a wholly-owned subsidiary of JSW Infrastructure.

According to the LODR filing, JSW Kolkata Container Terminal Private Limited entered into the concession agreement with the Port Authority. This follows the Letter of Award received for the reconstruction of Berth No. 8 and mechanization of Berth Nos. 7 and 8 at Netaji Subhash Dock of Kolkata Dock System. The project will be implemented on a Design, Build, Finance, Operate, and Transfer (DBFOT) basis through a Public-Private Partnership (PPP) mode.

Expansion in Karnataka: Multi-Modal Logistics Park

In a separate development, JSW Port Logistics, another entity under the JSW Infrastructure umbrella, has acquired an 86-acre brownfield rail siding in Kudathini, Karnataka. The acquisition, valued at ₹57.00 crore, is part of a larger plan to develop a multi-modal logistics park in the region.

The company plans to invest a total of ₹380.00 crore in this facility, which will include:

• A rail freight terminal
• Container systems
• An inland container depot

JSW Infrastructure expects the Kudathini facility to commence operations within six months, signaling a rapid expansion of its logistics capabilities in southern India.

JSW Infrastructure's Growing Portfolio

With these new developments, JSW Infrastructure continues to expand its already impressive portfolio. The company currently operates:

• 12 port concessions across India
• 1 liquid storage terminal in Fujairah, UAE

These strategic moves align with JSW Infrastructure's vision to enhance its presence in key logistics and port operations across the country.

Market Response

Despite these significant announcements, the market response was muted. JSW Infrastructure's shares closed marginally lower by 0.11% at ₹314.90 on the National Stock Exchange (NSE).

As JSW Infrastructure continues to expand its operations and secure long-term agreements, industry observers will be keenly watching how these developments translate into the company's financial performance and market position in the coming years.

JSW Infrastructure Limited , a key player in India's port infrastructure sector, has made significant strides in expanding its operations in Eastern India. The company's wholly-owned subsidiary, JSW Kolkata Container Terminal Private Limited, has recently signed a crucial 30-year concession agreement with the Syama Prasad Mookerjee Port Authority in Kolkata.

Project Details

The agreement covers the reconstruction and mechanization of Berth Nos. 7 and 8 at Netaji Subhash Dock. This project will be executed on a Design, Build, Finance, Operate and Transfer (DBFOT) basis through a Public-Private Partnership (PPP) mode.

Timeline of Events

• July 7: JSW Infrastructure received the Letter of Award for the project.
• August 1: The company incorporated JSW Kolkata Container Terminal Private Limited as a wholly-owned subsidiary specifically for this project.
• September 15: JSW Kolkata Container Terminal Private Limited signed the concession agreement with the Syama Prasad Mookerjee Port Authority.

Strategic Importance

This agreement marks a significant milestone for JSW Infrastructure, as it strengthens the company's presence in the eastern part of India. The 30-year concession period provides a long-term opportunity for the company to contribute to and benefit from the growth of port infrastructure in the region.

Company's Disclosure

In compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, JSW Infrastructure Limited promptly informed the stock exchanges about this development. The disclosure was made in accordance with the SEBI Master Circular.

The move aligns with JSW Infrastructure's strategy to expand its port operations and enhance its capabilities in handling container traffic. As the project unfolds, it is expected to play a crucial role in improving the efficiency and capacity of the Kolkata port, potentially boosting trade and economic activities in the region.