The dry bulk cargo terminal will have a capacity of 6.96 million tonnes per annum and be developed on DBFOT.
JSW Infrastructure shares has gained a total of 39% in the last one year.
The LOI is valid for 24 months with a one-time extension clause subject to the fulfilment of the terms and conditions specified therein.
Here are some of the stocks that may see significant price movement today: Reliance Industries, HCLTech, Sunteck Realty, etc.
MMB will enter into a Concession Agreement (CA) for the Project after meeting the criteria and conditions outlined in the LOI.
Rinkesh Roy, aged 54, brings over 30 years of experience in railway operations, shipping, ports, and logistics.
This expansion is designed to handle the increased cargo volume from the anchor customer, driven by a proposed 5 MTPA steel-making facility at Dolvi, Maharashtra.
The sister company of JSW Infra, JSW Energy, is likewise looking at acquisitions in the green energy space.
Total income for JSW Infrastructure increased to ₹1,103.69 Crore in the June 2024 quarter, compared to ₹918.24 Crore in the year-ago period
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