JSW Infrastructure Limited has announced a significant upgrade in its CDP (Carbon Disclosure Project) score, achieving leadership level recognition for its climate change performance. The company has successfully upgraded its CDP rating to leadership level with a score of A- from the previous year's management level rating of B.

CDP Score Enhancement

This improvement represents a substantial advancement in the company's environmental performance metrics and climate change disclosure practices.

Significance of CDP Leadership Rating

The upgrade to CDP leadership level A- demonstrates JSW Infrastructure's enhanced approach to climate-related disclosures and environmental management. The Carbon Disclosure Project evaluates companies on their environmental transparency, climate risk management, and sustainability initiatives. Achieving leadership level recognition indicates that JSW Infrastructure has implemented robust climate change strategies and improved its environmental reporting standards.

This development reflects the company's commitment to environmental sustainability and positions it favorably among infrastructure companies focusing on climate change mitigation and adaptation measures.

Conclusion

JSW Infrastructure's improved CDP score demonstrates its enhanced environmental performance and reinforces its commitment to sustainability. This achievement highlights the company's ongoing efforts to address climate change and improve its environmental practices within the infrastructure sector.

JSW Infrastructure Limited , India's second-largest private commercial port operator, has announced a significant expansion of its global operations through a strategic collaboration in Oman. The company's wholly-owned step-down subsidiary, JSW Overseas FZE, has entered into an agreement to acquire a 51% stake in South Minerals Port Company SAOC (Port SPV), a newly incorporated entity established by Minerals Development Oman (MDO).

Key Details of the Agreement

• Investment: The total project capex is set at $419 million.
• Capacity: The Port SPV will develop and operate a 27 Million Tonnes Per Annum (MTPA) capacity port.
• Timeline: Construction is expected to span 36 months, with commercial operations targeted to commence in the first half of 2029.
• Ownership Structure: JSW Overseas FZE will hold 51% equity, while MDO will retain 49%.

Strategic Significance

This collaboration marks a significant milestone in JSW Infrastructure's global expansion strategy and aligns with Oman's Vision 2040, which aims to diversify the country's economy beyond hydrocarbons.

Sajjan Jindal, Chairman of JSW Group, emphasized the importance of this partnership, stating, "This strategic investment will lay the foundation for deeper trade connectivity and economic cooperation. Together, we aim to build world-class assets that strengthen our long-term partnership and set a new benchmark for regional growth."

Operational and Economic Impact

The new port facility will be strategically located in the Dhofar Governorate of Oman, leveraging the country's position on key global maritime routes. It is expected to serve as a vital gateway for bulk mineral exports from MDO's concessions, particularly catering to the export of limestone, gypsum, and dolomite—critical inputs for India's steel and cement industries.

Rinkesh Roy, CEO & Joint Managing Director of JSW Infrastructure, highlighted the alignment with the company's strategic vision, saying, "It reinforces our strategic vision to scale operations while maintaining operational excellence and sustainable growth."

Future Outlook

This investment is a crucial step towards JSW Infrastructure's ambitious goal of expanding its cargo handling capacity from the current 177 MTPA to 400 MTPA by 2030. The project not only enhances JSW's global presence but also strengthens India-Oman economic ties, potentially opening new avenues for trade and cooperation in the region.

Financial and Regulatory Aspects

The transaction is subject to customary conditions precedent and regulatory approvals from relevant Omani authorities. The deal structure involves JSW Overseas FZE subscribing to new shares and acquiring one existing share from MDO's nominee shareholder.