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The investment aims to enhance JSW Infrastructure’s cargo-handling capacity to 400 million tonnes per annum (MTPA) by FY30.
This growth will be supported by logistics integration and a combination of greenfield and brownfield projects across key strategic locations in the country.
Regarding logistics integration, the company plans to strengthen logistics through acquisitions like Navkar Corporation and a slurry pipeline project.
Under the brownfield projects, JSW Infra is expanding capacities at Jaigarh, Dharamtar, and Goa and building new ports at Jatadhar, Keni, and Murbe as a part of the greenfield developments.
In a stock exchange filing, JSW Infrastructure highlighted its robust financial health, with a zero net debt position as of September 30, 2024, suggesting its strong balance sheet.
The company achieved significant diversification in its cargo-handling portfolio, with third-party cargo now contributing 48% of total volumes in the first half of FY25 as compared to 5% in FY19. JSW Infra aims for a 50-50 split between group and third-party customers for greater stability and profitability.
As part of its strategic vision, JSW Infrastructure is prioritising sustainability and operational efficiency. The planned investments will not only expand capacity but also integrate advanced technologies to reduce environmental impact.
The company has pledged to reduce greenhouse gas emissions and achieve net zero by 2050.
“We are focused on creating an efficient, integrated ports and logistics ecosystem that supports India’s economic growth. Our expansion and diversification will deliver long-term value to stakeholders,” the company’s Joint MD and CEO Rinkesh Roy said.
Shares of JSW Infrastructure were trading 0.96% lower at ₹314.95 on the BSE around 11 am.
