JSW Infra Signs MoU with Konkan Railway for Bhoke Siding Project at Jaigarh Port
Mumbai, JSW Infrastructure Limited has made a significant move to expand port connectivity by signing a binding Memorandum of Understanding (MoU) with Konkan Railway Corporation Limited (KRCL). This partnership will help develop the long-awaited Bhoke Railway Siding Project at Jaigarh Port, located in Ratnagiri district.
Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel
Once built, the proposed siding will provide direct railway access to Jaigarh Port. This will allow for easier and faster transport of containers, bulk cargo, and liquid cargo. The project is expected to greatly improve the port's capacity to handle third-party cargo from Maharashtra's inland areas. It fits into the company's long-term growth plan.
Read Also : NALCO gears up for International Day of Yoga 2025The agreement includes a refundable and non-lapsable security deposit, highlighting the commitment from both parties to speed up the project's execution. This initiative continues JSW's announcement from September 9, 2024, made through its wholly owned subsidiary JSW Jaigarh Port Limited.
With this collaboration, JSW Infra aims to improve logistical efficiency and support India's overall infrastructure and export goals.