Page 38 - ITLN-September-October-2024-Issue-for-Website

News

JSW to invest R2,359 crore for Jaigarh,

Dharamtar Ports expansion

SW Infrastructure, a Dharamtar Port’s capacity from
Jsubsidiary of the JSW Group 34 MTPA to 55 MTPA.
and India's second-largest “This growth is primarily
private commercial port driven by the increased cargo
operator, has approved a capital volume from the anchor
expenditure of ₹2,359 crore to customer, following the planned
expand capacity at its Jaigarh 5 MTPA steel plant at Dolvi,
and Dharamtar ports Maharashtra. The expansion is
in Maharashtra. expected to add around 27 MTPA
The expansion will boost in cargo handling volume, with
Jaigarh Port’s capacity from construction at both ports slated
55 MTPA to 70 MTPA and for completion by March 2027.”

PM lays foundation JNPA handles all-time high

stone of R76,000cr monthly container traffic

Vadhvan Port in Palghar in August 2024

awaharlal Nehru Port Authority (JNPA)
Jhandled 639,336 TEUs in August 2024 which
is an all-time high monthly container traffic
at the port, surpassing the previous highest
of 603,217 TEUs handled in July 2024, driven
by export growth of 19 percent in comparison
with Aug 2023.
JNPA handled 7.89 million tonnes of total
cargo in Aug 2024 which is higher by 7 percent
as compared to traffic in Aug 2023. During
August 2024, JNPA handled 593 container
rakes and 94,466 TEUs, compared to 550 rakes
rime Minister Narendra create opportunities for new and 89,694 TEUs during the corresponding
PModi laid the foundation businesses and warehousing period in the previous financial year. BMCT
stone of ₹76,000 crore Vadhvan owing to its connectivity to the & APMT also achieved new peaks, handled
Port in Palghar, Maharashtra on dedicated Western Freight 202,071 TEUs & 192,137 TEUS respectively,
August 30, 2024. Corridor and proximity to the which are their all-time highest monthly
Modi said: “The Vadhvan Port Delhi-Mumbai Expressway. container volume handling since inception.
will be the country's largest “Cargo will flow in and out of
container port and will be the region throughout the year,
counted among the world’s deep thereby benefiting the people of
water ports. It will become an Maharashtra," he added.
epicentre of trade and industrial Vadhvan Port, located
development for Maharashtra near Dahanu town in Palghar
and India." district, will be one of India’s
He said the port would largest deep-water ports and
transform the economic will provide direct connectivity
landscape of the entire to international shipping
region due to railway and routes, reducing transit times
highway connectivity, and and costs.
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September - October 2024 www.itln.in