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Construction : Web Exclusive | September 2017 | Source : Equipment India

JSW to set up captive port in Odisha

JSW Infrastructure has announced an investment of Rs 2,000 crore to set up a captive port at Jatadhari Muhan near Paradip, in Odisha. Initially, the port would have a capacity to handle 10 million tonnes of cargo, which could be subsequently raised to 20 million tonnes.

The captive port is expected to cater to the requirement of JSW's shore-based steel plant proposed near Paradip. JSW Steel has committed an investment of Rs 50,000 crore on the Odisha steel plant and associated facilities. The company has asked for 4,500 acres of land for the integrated steel project to be set up close to Paradip.

 
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