INFRASTRUCTURE LTD.
Regd. Office: JSW Centre,
Bandra Kurla Complex, Bandra (East)
Mumbai – 400 051.
Phone : 022-42861000
Fax : 022-42863000
CIN: L45200MH2006PLC161268
Website: www.jsw.in
Email id:
[email protected]9th September, 2024
To,
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejebhoy Towers “Exchange Plaza”
Dalal Street Bandra-Kurla Complex, Bandra (East)
Mumbai - 400 001 Mumbai - 400051
Scrip Code (BSE): 543994 Symbol: JSWINFRA
Sub: Press Release
Ref: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (‘Listing Regulations’)
Dear Sir/Ma’am,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“Listing Regulations”), please find enclosed the press release
The above is for your information and record.
Thanking you,
Yours sincerely,
For JSW Infrastructure Limited
GAZAL Digitally signed by GAZAL QURESHI
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Date: 2024.09.09 14:19:29 +05'30'
Gazal Qureshi
Company Secretary and Compliance Officer
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India International Exchange (IFSC) Limited
Unit No. 101, 1st Floor, Signature Building No. 13B, Road 1C
Zone 1, Gift SEZ, Gift City
Gandhinagar- 382355
Scrip code (India INX): 1100026
Media Release
09th September 2024
JSW Infrastructure approves capex of ₹2,359 Crore for capacity expansion
Mumbai, 09 September 2024: JSW Infrastructure Limited (the “Company”), a part of the JSW
Group and India’s second-largest private commercial port operator, today approved a capex
of ₹2,359 Crore for the capacity expansion at its Jaigarh and Dharamtar Port.
As a part of the company’s FY2030 growth plan to increase capacity to 400 Million Tonnes Per
Annum (MTPA) from the existing capacity of 170 MTPA, the Board of the respective subsidiary
companies has approved a total capacity expansion plan of 36 MTPA (21 MTPA at Dharamtar
and 15 MTPA at Jaigarh). The capex plan includes mechanical, civil, and electrical work for the
new berths and additional infrastructure, such as railway siding for Jaigarh Port, to boost
third-party cargo movement.
The expansion will increase the overall capacity of Jaigarh Port to 70 MTPA from the current
55 MTPA, and Dharamtar Port to 55 MTPA from the current 34 MTPA. This expansion
primarily aims to cater to the increased cargo volume of the anchor customer on the back of
the proposed 5 MTPA steel-making facility at Dolvi, Maharashtra. The expansion at both ports
is expected to generate an additional cargo handling volume of approximately 27 MTPA.
Construction at both ports is anticipated to be completed by March 2027.
About JSW Infrastructure Limited:
JSW Infrastructure Limited is part of the JSW Group. JSW Infrastructure Limited is the second largest private commercial port
operator in India having environment-friendly seaports & terminals. It currently operates ten port concessions strategically
located on the west and east coasts of India. Its international presence includes a Liquid tank storage terminal of 4,65,000
cubic meters in Fujairah, UAE. The existing ports and terminals of the Company can handle a wide range of cargo and vessels
up to Cape size. Its largely mechanized cargo handling system enables quick turnaround times while ensuring efficient use of
existing resources. The strategic locations of these facilities make its ports a preferred option for its customers. JSW
Infrastructure Limited has expanded its cargo mix by leveraging its locational advantage and maximizing asset utilization. As
part of its future growth strategy, the Company plans to enhance its overall cargo-handling capacity to 400 MTPA by 2030 or
earlier. It is also strengthening its market position by focusing on value-added offerings with end-to-end logistic support and
a diversified cargo profile. JSW Infrastructure is committed to strengthening its ESG performance across the operational
ecosystem by aligning its policies and practices with international standards. As a multinational conglomerate, JSW Group
has a significant presence in sectors such as steel, energy, infrastructure, cement, sports, and venture capital among others.
1
Media Release
09th September 2024
Forward-Looking and Cautionary Statements:
Certain statements in this release concerning our future growth prospects are forward-looking
statements, which involve a number of risks, and uncertainties that could cause actual results to differ
materially from those in such forward-looking statements. The risks and uncertainties relating to
these statements include, but are not limited to, risks and uncertainties regarding fluctuations in
earnings, our ability to manage growth, intense competition within Power Industry including those
factors which may affect our cost advantage, wage increases in India, our ability to attract and retain
highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client
concentration, restrictions on immigration, our ability to manage our internal operations, reduced
demand for Power, our ability to successfully complete and integrate potential acquisitions, liability
for damages on our service contracts, the success of the companies in which JSW Infrastructure has
made strategic investments, withdrawal of fiscal governmental incentives, political instability, legal
restrictions on raising capital or acquiring companies outside India, unauthorized use of our
intellectual property and general economic conditions affecting our industry. The company does not
undertake to update any forward-looking statements that may be made from time to time by or on
behalf of the company.
For further information please contact:
JSW Group Corporate Communications
Mithun Roy Ishani Singh
Mobile: +91 9819000967 Mobile: +91 98890 01091
Email:
[email protected] Email:
[email protected]
