JSW Infra eyes government ports privatisation
PORTS & SHIPPING

JSW Infra eyes government ports privatisation

The joint managing director of JSW Infrastructure, India's second biggest port operator by volumes, expressed the company's interest in exploring port privatisation opportunities initiated by the government. He also mentioned their consideration of the mega transhipment port project at Galathea bay in the Great Nicobar Island. Arun Maheshwari, who is also the CEO of the Sajjan Jindal-led JSW Group company, stated, "The government is creating significant opportunities in India. As the second largest port company in India with a strong balance sheet and the ability to grow in this sector, we will assess every major opportunity in the ports sector." He added, "We are looking into the Galathea project, but we are not completely certain about proceeding with it."

JSW Infrastructure, along with nine other companies including Dutch dredging contractor Royal Boskalis Westminster NV, Rail Vikas Nigam, Container Corporation of India, and Essar Ports, has submitted expressions of interest for the Galathea bay project. According to TK Ramachandran, the secretary of the ministry of shipping, the project's estimated worth is between Rs 650-850 billion. JSW Infrastructure currently operates nine state port concessions situated on the west and east coasts of India.

The joint managing director of JSW Infrastructure, India's second biggest port operator by volumes, expressed the company's interest in exploring port privatisation opportunities initiated by the government. He also mentioned their consideration of the mega transhipment port project at Galathea bay in the Great Nicobar Island. Arun Maheshwari, who is also the CEO of the Sajjan Jindal-led JSW Group company, stated, The government is creating significant opportunities in India. As the second largest port company in India with a strong balance sheet and the ability to grow in this sector, we will assess every major opportunity in the ports sector. He added, We are looking into the Galathea project, but we are not completely certain about proceeding with it. JSW Infrastructure, along with nine other companies including Dutch dredging contractor Royal Boskalis Westminster NV, Rail Vikas Nigam, Container Corporation of India, and Essar Ports, has submitted expressions of interest for the Galathea bay project. According to TK Ramachandran, the secretary of the ministry of shipping, the project's estimated worth is between Rs 650-850 billion. JSW Infrastructure currently operates nine state port concessions situated on the west and east coasts of India.

Next Story
Resources

Madhya Pradesh Champions Inclusive Tourism at Heritage Sites

On the occasion of World Heritage Day, Madhya Pradesh is taking a significant step toward inclusive tourism by making its historical sites accessible to all — especially persons with disabilities. The state is rolling out its ‘Accessibility Infrastructure and Development’ project at Maheshwar, Mandu, Dhar, and Orchha, aiming to create a more welcoming experience at these iconic cultural destinations.The initiative, under the leadership of Chief Minister Dr Mohan Yadav and Tourism Minister Shri Dharmendra Bhav Singh Lodhi, includes infrastructure upgrades such as ramps, Braille signage, w..

Next Story
Resources

Runwal Realty Onboards Sonam Kapoor as Brand Ambassador

Real estate major Runwal has unveiled a refreshed identity as Runwal Realty, signalling a renewed commitment to crafting spaces that stand the test of time. With this refresh, the brand unveils its new philosophy: “Building for Generations to Come” and welcomes Bollywood star and global fashion icon Sonam Kapoor as its brand ambassador. This evolved identity reflects Runwal Realty’s commitment to creating not just homes, but heirlooms—crafted through visionary design, meticulous planning, global design expertise and an unwavering focus on quality. With the customer at its core, each de..

Next Story
Infrastructure Urban

Emerging Trends in Infrastructure and Transport 2025: KPMG

KPMG’s latest report, The Great Reset: Emerging Trends in Infrastructure and Transport 2025 edition, sheds light on the profound changes transforming the global infrastructure landscape. As industries adapt to the challenges posed by climate change, economic pressures, and technological advancements, the report identifies key trends and provides actionable insights for leaders in infrastructure and transport sectors. “In today’s interconnected world, the lack of standardized supply chain practices is not just an operational challenge—it’s an environmental and economic one. We’..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?