JSW to invest ₹2,359 crore for Jaigarh, Dharamtar Ports expansion

Investment will increase total capacity from 170 million tonnes per annum (MTPA) to 400 MTPA.

Update: 2024-09-10 09:19 GMT
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JSW Infrastructure, a subsidiary of the JSW Group and India's second-largest private commercial port operator, has approved a capital expenditure of ₹2,359 crore to expand capacity at its Jaigarh and Dharamtar Ports in Maharashtra.

As part of the company’s FY2030 growth strategy to boost capacity from 170 Million tonnes per annum (MTPA) to 400 MTPA, the boards of the respective subsidiaries have approved a total expansion of 36 MTPA — 21 MTPA at Dharamtar and 15 MTPA at Jaigarh, according to an official release from JSW.

The capex plan covers mechanical, civil, and electrical work for the new berths along with additional infrastructure such as railway siding at Jaigarh Port to support increased third-party cargo movement, mentions the official release.

“The expansion will boost Jaigarh Port’s capacity from 55 MTPA to 70 MTPA and Dharamtar Port’s capacity from 34 MTPA to 55 MTPA. This growth is primarily driven by the increased cargo volume from the anchor customer, following the planned 5 MTPA steel plant at Dolvi, Maharashtra. The expansion is expected to add around 27 MTPA in cargo handling volume, with construction at both ports slated for completion by March 2027.”

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