Netaji Subhash is in Dock for the reconstruction of Loa Birth 8 and mechanization of Birth 7.
The project under the PPP model, based on a build, finance, operating and transfer (DBFOT), which comes with a 30 -year concession period and aligns with the strategy of JSW Infrastructure to expand its terminal portfolio under the government's port privatization initiative, has been honored with the company, said the company said.
With an estimated capex of Rs 740 crore and a two -year construction timeline, the company said, it will also be able to start operations during the construction phase, taking advantage of the stable cargo versions of Kolkata city. JSW Infrastructure stated that after perfection, both project capacity and operational efficiency are expected to increase significantly.
This development is an important milestone in the company's strategy to diversify its cargo portfolio through targeted investment in the container segment. In addition, the company said it would strengthen its container operations on both eastern and western shores.
On the West Coast, JSW Infrastructure operates the new Mangalore container terminal with the current capacity of 0.2 million TEUS (twenty feet equivalent units), which is being expanded up to 0.35 million TEUS. It was also said that this special project brings the company's total container handling capacity closer to 1 million teu.
