Infrastructure,Infrastructure sector projects by JSW Jaigarh Port in Ratnagiri
Project Information
5658
JSW Jaigarh Port
At a time when the country’s port sector is battling with idle capacity due to lower traffic mainly from the bulk and container segment, JSW Jaigarh Port, a special purpose vehicle of JSW Infrastructure, is planning to set up a 1-kilometer-berth container terminal in Ratnagiri, sources close to the development told Business Standard.
“The bidding for this project is in the final stage and the project should be awarded this week,” said one of the sources.
ITD Cementation India, Simplex Infrastructure and L&T are among the shortlisted bidders for this terminal, which is budgeted at around Rs 2,000 crore, said sources.
Of the shortlisted bidders, ITD Cementation India is expected to be the frontrunner for this project, said the other source.
Once awarded, the terminal will take about 2 years to comeonstream and so it is expected to be operational by January-February 2016.
Project Value
INR 2000 Crore /-
Bidding Process Underway
Ratnagiri
Maharashtra
India
Infrastructure,Infrastructure
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