Project Details

The Company has received a Letter of Award (LOA) from Syama Prasad Mookerjee Port Authority, Kolkata (SMPA) for the integrated development of Outer Container Terminal & Berth no. 1 through 5 at Netaji Subhash Dock (NSD), Kolkata Dock System. The project is awarded on Design Build Finance Operate Transfer (DBFOT) basis through Public-Private Partnership (PPP) mode.

Project Scope and Capacity

The project involves building two outer container handling berths and taking over existing 5 berths at NSD with a combined capacity to handle 0.93 million TEUs (equivalent to 13 million tonnes per annum) of containers and multipurpose cargo.

Concession Terms

The concession will be valid for a period of 30 years from the date of award of the concession. The detailed terms and conditions will be as per the Concession Agreement.

Timeline

The Concession Agreement will be executed within 30 days from the date of issuance of LOA, or such extended period as mutually agreed.

Award Process

The project was awarded through a competitive bidding process by Syama Prasad Mookerjee Port Authority, a domestic entity.

Related Party Considerations

The promoter/promoter group/group companies do not have any interest in the entity that awarded the order. The order does not qualify as a related party transaction.

Notification Details

The Company was informed about the grant of the LOA through email on 8th June 2026 at around 5:45 p.m.

Strategic Context and Expansion Plans

The project will be executed in two phases and is expected to create a total capacity of approximately 0.93 million TEUs. This award builds on the Company's earlier LOA for the reconstruction of Berth 8 and mechanization of Berths 7 and 8 at NSD, Kolkata (0.45 million TEUs), with interim operations expected to commence shortly.

Upon completion, and including the capacity from the ongoing Berth 7 and 8 project, the Company's combined container handling capacity at the Kolkata Dock System is expected to scale up to approximately 1.4 million TEUs. This marks the Company's second win at SMPA within a year.

Upon completion of the identified container growth projects, the Company's overall container handling capacity is expected to increase to approximately 1.8 million TEUs.

Business Rationale

The development is underpinned by strong demand fundamentals benefiting from a well-established hinterland and high concentration of cargo originating from the Kolkata metropolitan region. The projects are expected to address existing capacity constraints at NSD, improve berth productivity through mechanization, and enhance vessel turnaround times.

Company Background Context

JSW Infrastructure Limited is India's second-largest private commercial port operator, operating thirteen strategically located port concessions along India's west and east coasts. The Company's current cargo-handling capacity is 183 Million Tonnes Per Annum (MTPA), with plans to expand to 400 MTPA by 2030 or earlier.

Financial Consideration

The broad consideration or size of the order/contract is stated as "Not Applicable" in the regulatory annexure.