JSW Infrastructure receives LoA for developing berths at Netaji Subhas Dock, Kolkata
India, July 7 -- JSW Infrastructure has received a Letter of Award from the Syama Prasad Mookerjee Port Authority for the reconstruction of Berth 8 and mechanization of Berths 7 and 8 at Netaji Subhas Dock, Kolkata. The project, awarded on a Design, Build, Finance, Operate, and Transfer (DBFOT) basis under the PPP model, is aimed at enhancing container handling capacity at the port.The project comes with a 30']year concession period and aligns with JSW Infrastructure'fs strategy to expand its terminal portfolio under the Government'fs port privatization initiative. With an estimated capex of ?740 crore and a construction timeline of two years, the Company will also be able to commence operations during the construction phase, leveraging Kol...
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