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JSW Infrastructure gains customs nod to start operations at Kolkata’s Netaji Subhash Dock

Story Highlights
  • JSW Infrastructure’s subsidiary secured customs approval to begin operations at Berth 7 and its backup area at Netaji Subhash Dock in Kolkata.
  • The new operational clearance advances JSW’s PPP-based Kolkata terminal project, bolstering its port portfolio and presence in eastern India’s cargo market.
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JSW Infrastructure gains customs nod to start operations at Kolkata’s Netaji Subhash Dock

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An announcement from JSW Infrastructure Limited ( (IN:JSWINFRA) ) is now available.

JSW Infrastructure said its wholly owned subsidiary, JSW Kolkata Container Terminal Private Limited, has received permission from the Principal Commissioner of Customs (Port) to commence operations at Berth No. 7 and its backup area at Netaji Subhash Dock under Syama Prasad Mookerjee Port in Kolkata. The clearance follows an earlier letter of award and concession agreement for reconstructing Berth 8 and mechanising Berths 7 and 8 on a DBFOT, PPP basis, marking a key step in activating the Kolkata terminal and potentially enhancing JSW’s presence in eastern India’s port and container-handling market.

The operational nod at Netaji Subhash Dock is expected to enable JSW Infrastructure to start commercial activities at the berth, supporting cargo and container flows through the Syama Prasad Mookerjee Port system. This development strengthens the company’s ongoing expansion of its port portfolio and could improve throughput, utilisation and long-term revenue from its Kolkata concession, while reinforcing its role as a private operator in India’s public port ecosystem.

More about JSW Infrastructure Limited

JSW Infrastructure Limited is an Indian port infrastructure company focused on developing and operating cargo handling facilities and related logistics assets. Through its subsidiaries, it participates in public-private partnership projects to design, build, finance, operate and transfer port terminals serving key industrial and trade hubs across the country.

Average Trading Volume: 157,001

Technical Sentiment Signal: Buy

Current Market Cap: 558.1B INR

For an in-depth examination of JSWINFRA stock, go to TipRanks’ Overview page.

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