News Snippets

JSW Infra to Develop Container Terminal for New Mangalore Port Trust

JSW Infrastructure has signed an agreement with New Mangalore Port Trust (NMPT) to develop and operate JSW’s first container terminal project. The contract for the port situated at Panabur, Mangaluru in Karnataka is for 30 years with the expected capacity of 400,000 20 ft equivalent units (TEU). Investment of Rs. 300 Cr. is envisaged and project is expected to be completed by mid-2021.