JSW infra plans to develop 5-6 ports by investing Rs 10000 crore

by khalid on 27/03/2011 · 0 comments

JSW Infrastructure & Logistics Limited have plans to develop 5-6 ports in the country in the next 10 years. The company will invest around Rs 10000 crore for this purpose. JSW Infrastructure and Logistics Limited is the subsidiary company of JSW Steel Limited. It operates in the logistics and maritime infrastructure sector. The company constructs marine ports, shipyards, and ship repair facilities.

CEO of the company Me BVJK Sharma wants to increase the total cargo handling capacity to 180-million tonnes. The company has also started the process of identifying the different locations for these recommended ports. It will also secure 75% of the net investment via debt . The company has also decided to set up a ship maintenance unit in Maharashtra.

Share’s Data :-
BSE Code : 500228
Mkt. Cap : Rs 20,228.48 Crores
JSW Steel Ltd. share’s CMP is Rs 906.70 on 25th Mar 2011.

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