JWS Infrastructure set to build 6 more ports in India

May 31, 2010, 3:19AM EST
JWS Infrastructure set to build 6 more ports in India
Having build their first green-field port in Jaigarh in Maharashtra, JWS Infrastructure has turned its focus on six new areas on the Indian coast for setting up new ports which are expected to give logistic support to the Group’s multifarious activities

With plans to support the Jindal group’s steel, power and other downstream projects, and provide a logistics backbone JWS Infrastructure Limited has set forth on an infrastructure development course. Its focus has been on building ports and acquiring berths for captive use, as well as taking to ship building and creating necessary infrastructure to put in place connectivity for an uninterrupted flow of cargo.
Presently, JSW Infrastructure has two coal berths in Goa, a port in Jaigarh, Maharashtra and a shipyard that is being set up in Dabhol in Maharashtra. However, with the projected cargo throughput set to mushroom tremendously plans have been drawn up to set up 6 additional ports in different parts on the Indian coast.       
Capt B. V. J. K. Sharma, Joint Managing Director and Chief Executive Officer of JWS Infrastructure said, “We have prepared a road map to set up additional around 6 ports in the Indian peninsula in order to boost up our port handling capacity to 180 million tons by 2020 with an investment of $ 2.2 billion. We are focusing on setting up ports in Ratnagiri, Dhabol and in the states of Karnataka, Tamil Nadu, Andhra Pradesh, and the border of West Bengal and Orissa.” However, he was not inclined to provide more details as exact plans were in the final stages of being drawn up.
 
In August last year the company set up its first port at Jaigarh having a capacity of 5 million tonne. In the second phase this capacity will be ramped up to 50 million tonnes. This green field, all-weather, deep-water multi-commodity port with a draft of 14 metres has two berths of 550 meter quay length for handling 105,000 DWT break bulk vessels. It enjoys a breakwater of 512 meters thus permitting non-stop operations throughout the year. 
 
In the second phase the Jaigarh port will have five additional berths when completed and will be able to handle mega capesize vessels and accommodate seven ships at a time. The port has been designed mainly to cater to the coal requirements of JSW Energy’s 1,200 mw power plant in its vicinity. Apart from coal, it handled fertilisers, bauxite and raw sugar as well
JSW Group is one of the fastest growing business conglomerates with a strong presence in the core economic sector. This Sajjan Jindal led enterprise has grown from a steel rolling mill in 1982 to a multi business conglomerate worth US $ 3.7 billion within a short span of time.
As part of the US $ 8 billion O. P. Jindal Group, JSW Group has diversified interests in Steel, Energy, Minerals and Mining, Aluminum, Infrastructure and Logistic, Cement and Information Technology.
 
Report abuse



Bookmark this page to:Add to Faves Add to MyAOL Add to Simpy Add to Delicious Add to Live Add to Digg Add to Newsvine Add to Reddit Add to Multiply Add to Blogmarks Add to Yahoo MyWeb Add to Slashdot Add to Mister Wong Add to Spurl Add to Furl Add to Link-a-Gogo Add to Yahoo Bookmarks Add to Twitter Add to Facebook Add to Diigo Add to Mixx Add to Segnalo Add to StumbleUpon Add to Magnolia Add to Ask Add to Backflip Add to Terchnorati Add to Google Bookmarks Add to MySpace

Comments
Blog post currently doesn't have any comments.

Sign in

Latest blog comments

There are currently no comments.

Post archive

May 2010(1)