JSW Infrastructure, a commercial port company part of $23 billion JSW Group, has emerged as the winning bidder for development of all-weather, deep-water, greenfield port at Keni in Karnataka on Public Private Partnership basis, the company said on Thursday.
The Karnataka Maritime Board, Government of Karnataka, has issued the Letter of Award (LOA) to JSW Infrastructure. As per the RFP document, the estimated cost of the project is ₹4,119 crore with initial capacity of 30 million tonnes per annum (MTPA).
Arun Maheshwari, Joint MD and CEO of JSW Infrastructure, said: “Once the concession agreement is signed, we will start working to develop the Keni Port as an integral part of the State’s maritime infrastructure and trade gateway.”
