JSW Infra plans Rs 152-cr container capacity expansion

JSW Infrastructure
JSW Infrastructure has unveiled plans for a significant expansion of container capacity at the New Mangalore Port Trust (NMPT) in Karnataka. The expansion project is estimated to be worth Rs 152 crore.

In June 2022, JSW Infrastructure successfully launched its inaugural container terminal at the New Mangalore Port Trust, with an initial cargo capacity of 240,000 twenty-foot equivalent units (TEUs). Now, the company aims to augment this capacity to 400,000 TEUs through a series of modernization initiatives to be carried out by its subsidiary, JSW Mangalore Container Terminal Private Limited (MTPL).

The container terminal boasts a spacious backup area spanning 65,000 square meters, which serves as storage for containers. The terminal is equipped with six reach stackers, an empty container handler, and two mobile harbor cranes, facilitating efficient handling of cargo.

This expansion project underscores JSW Infrastructure's commitment to bolstering container operations at the New Mangalore Port Trust. By enhancing the port's capacity, the company aims to cater to growing demands and contribute to the region's economic development.
Ambuja Cements Acquires Penna Cement for ₹10,422 Cr

Ambuja Cements Acquires Penna Cement for ₹10,422 Cr

Ambuja Cements has announced the acquisition of 100% shares of Penna Cement Industries Limited, making Penna Cement a wholly owned subsidiary. This acquisition will enhance Ambuja Cements' presence in South India and expand

Read more ...

DMRC & RITES Form Partnership for Mass Rapid Transit Consultancy

DMRC & RITES Form Partnership for Mass Rapid Transit Consultancy

The Delhi Metro Rail Corporation (DMRC) and Rail India Technical and Economic Service (RITES) have entered a strategic partnership to explore consultancy opportunities for Mass Rapid Transit Systems, both domestically and internationally

Read more ...

JSW Group Ups Investment Target to $70 Billion by 2030

JSW Group Ups Investment Target to $70 Billion by 2030

The JSW Group has revised its investment target to $70 billion by 2030, including a $5 billion investment in electric vehicle (EV) projects in Odisha announced in February. The Odisha project features a 50 GWh EV battery plant, EV manufacturing

Read more ...

Nitin Gadkari Takes Charge as Roads and Highways Minister for 3rd Term

Nitin Gadkari Takes Charge as Roads and Highways Minister for 3rd Term

Nitin Gadkari has assumed office as India's Roads and Highways Minister for the third time. Expressing gratitude to Prime Minister Narendra Modi for his reappointment in Modi 3.0, Gadkari stated that India will see accelerated development of world-class

Read more ...

Walplast expands capacities and shows strong YoY growth in HomeSure portfolio

Walplast expands capacities and shows strong YoY growth in HomeSure portfolio

Walplast Products Pvt. Ltd, a leader in building materials production and the third-largest manufacturer of Wall Putty in India, has reinforced its manufacturing capabilities in the South by commercializing two new plants in Chennai

Read more ...

CASE Rolls Out Made-in-India Skid Steer Loader for Domestic Market

CASE Rolls Out Made-in-India Skid Steer Loader for Domestic Market

CASE Construction Equipment, a CNH brand, has launched its indigenously manufactured Skid Steer Loader (SSL) for the Indian market from its facility in Pithampur, Madhya Pradesh. The company announced the introduction of this new product

Read more ...

Market share of top 5 cement companies to reach 55% by March 2025: ICRA

Market share of top 5 cement companies to reach 55% by March 2025: ICRA

Large cement companies are set to increase capacity and maintain market share through both organic and inorganic expansions, driven by healthy demand prospects. According to ICRA, the market share of the top five cement companies

Read more ...

CNH Capital Launches 'Mission Education' for Schoolchildren in Gurugram

CNH Capital Launches 'Mission Education' for Schoolchildren in Gurugram

CNH Capital has launched 'Mission Education,' a CSR project aimed at improving education for 240 primary schoolchildren in Nangli Umarpur village, Gurugram. In collaboration with the Smile Foundation, the initiative will support

Read more ...

India's Grade A Warehousing Sector to Cross 300 MSF by 2025: CREDAI-CRE

India's Grade A Warehousing Sector to Cross 300 MSF by 2025: CREDAI-CRE

Driven by rapid industrial growth and a booming real estate segment, India’s warehousing sector is projected to exceed 300 million square feet (MSF) by 2025, according to a report by CREDAI and CRE Matrix. Currently, the Grade

Read more ...

Toshiba Johnson to supply 60 high-speed elevators to Tulip Monsella

Toshiba Johnson to supply 60 high-speed elevators to Tulip Monsella

Toshiba Johnson Elevators India has secured an order to supply 60 high-speed ELCOSMO-IIIL elevators to Tulip Group’s Platinum Collection project, Tulip Monsella. Located on Golf Course Road in Gurugram, Tulip Monsella is an ultra-luxurious

Read more ...

India Ratings Maintains Neutral Outlook for Steel Sector in FY25

India Ratings Maintains Neutral Outlook for Steel Sector in FY25

India Ratings and Research (Ind-Ra) has maintained a neutral outlook for the steel sector for FY25, forecasting demand growth of 9%-12% year-on-year. This projection is supported by steady growth in end-user industries like automobiles

Read more ...

Ramky Infrastructure Wins FICCI Smart Urban Innovation Award 2024

Ramky Infrastructure Wins FICCI Smart Urban Innovation Award 2024

Ramky Infrastructure Limited (Ramky) has received the FICCI Smart Urban Innovation Award 2024 in the "Sustainable Cities" category. The award recognizes their efforts in treating and disposing of legacy leachate

Read more ...

Maharashtra CM Inaugurates Phase Two of Sambhaji Maharaj Coastal Road

Maharashtra CM Inaugurates Phase Two of Sambhaji Maharaj Coastal Road

Maharashtra Chief Minister Eknath Shinde has inaugurated the second phase of the Dharmveer Swarajya Rakshak Chhatrapati Sambhaji Maharaj Coastal Road, connecting Worli and Marine Drive. This 6.25 km tunnel, stretching from Haji Ali

Read more ...

NHAI Unveils New Identity  for National Highways Infra Trust (NHIT)

NHAI Unveils New Identity for National Highways Infra Trust (NHIT)

NHAI has introduced a new corporate identity with the launch of a logo for its infrastructure Investment Trust, National Highways Infra Trust (NHIT). The new logo, symbolizing agility and progress, was unveiled by NHAI Chairman Shri Santosh

Read more ...

Suzlon Secures 103.95 MW Wind Project from AMPIN Energy

Suzlon Secures 103.95 MW Wind Project from AMPIN Energy

Suzlon Group has secured a 103.95 MW wind project from AMPIN Energy Transition. The project, located in Fatehgarh, Rajasthan, involves the installation of 33 wind turbines with a rated capacity of 3.15 MW each. Suzlon will also provide

Read more ...

NTPC Kahalgaon Inaugurates Bihar's First Cement-Free Geopolymer Road

NTPC Kahalgaon Inaugurates Bihar's First Cement-Free Geopolymer Road

NTPC Kahalgaon has inaugurated Bihar's first geopolymer road, a 2.9 km stretch constructed without cement. This pioneering project uses 2,000 MT of fly ash and ground granulated blast furnace slags (GGBS) from steel plants, combined

Read more ...

Government to Build 3 Cr More Houses Under PMAY

Government to Build 3 Cr More Houses Under PMAY

Prime Minister Narendra Modi has announced the government's decision to construct 3 crore additional rural and urban houses under the Pradhan Mantri Awas Yojana (PMAY). This expansion underscores the government's commitment to addressing

Read more ...

SIAM Cement BigBloc Launches First Plant in Gujarat

SIAM Cement BigBloc Launches First Plant in Gujarat

SIAM Cement BigBloc Construction Technologies Pvt Ltd, a joint venture between Gujarat's BigBloc Construction Ltd and Thailand’s SCG International Corporation, has commenced commercial production at its first plant in Kheda

Read more ...

RVNL Wins ₹138.45 Cr Contract from Central Railway

RVNL Wins ₹138.45 Cr Contract from Central Railway

Rail Vikas Nigam Ltd. (RVNL) has secured a ₹138.45 crore contract from Central Railway. The project involves upgrading the existing 1x25 kV electric traction system to a 2x25 kV AT feeding system in the Amla-Nagpur section of the Nagpur

Read more ...

To get latest updates on whatsapp, Save +91 93545 87773 and send us a 'Saved' message
Click Here to Subscribe to Our eNewsletter.