JSW to develop first container terminal
JSW Infrastructure has signed a concession agreement with New Mangalore Port Trust to develop and operate its first container terminal project for 30 years. The company is investing about Rs 3 billion to develop the container terminal, which will have a capacity of 400,000 TEUs.
As part of the proposed investment, JSW Infrastructure will undertake mechanisation of Berth No 14 for handling containers and other cargo on Design, Build, Finance, Operate and Transfer (DBFOT) basis.
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