Date: 20/11/2023

JSW Infra wins port bid in Karnataka

JSW Infrastructure has won the bid for the development of an all-weather, deep-water and greenfield port at Keni in Karnataka for an estimated cost of Rs 4,119 crore, it is learnt. The Karnataka Maritime Board has issued a Letter of Award for the port, which will be constructed with an initial capacity of 30 million tonnes per annum (mtpa). The proposed port, strategically located between Mormugao Port (Goa) in the north and New Mangalore Port in the south, aims to handle Capesize vessels and cater to industries in the region, as per reports.
Source: Exim News Service: Mumbai, Nov. 19