JSW Infrastructure, the second-largest private commercial port operator in India, has revealed plans for a substantial ₹2,359 crore investment. The investment is aimed at expanding the capacity of its Jaigarh and Dharamtar Port.

What Happened: The announcement came on Monday, with JSW Infrastructure outlining its capex plan for the financial year. The investment forms part of the company’s ambitious FY2030 growth strategy, which aims to boost capacity from the current 170 million tonnes per annum (MTPA) to 400 MTPA.

The board of the respective subsidiary companies has approved a total capacity expansion plan of 36 MTPA, which includes 21 MTPA at Dharamtar and 15 MTPA at Jaigarh.

The capex plan will cover mechanical, civil, and electrical work for the new berths and additional infrastructure, such as railway siding for Jaigarh Port, to enhance third-party cargo movement.

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The expansion will see Jaigarh Port’s overall capacity rise to 70 MTPA from the current 55 MTPA, and Dharamtar Port to 55 MTPA from the current 34 MTPA. The primary objective of this expansion is to accommodate the increased cargo volume of the anchor customer, due to the proposed 5 MTPA steel-making facility at Dolvi, Maharashtra.

The expansion at both ports is projected to generate an additional cargo handling volume of approximately 27 MTPA. The construction at both ports is expected to be completed by March 2027.

Price Action: Shares of JSW Infrastructure were up 1.47% at ₹311.50 on Monday.

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