Published On:February 26 2024
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"JSW Infrastructure Ltd Awarded LOA by V.O. Chidambaranar Port Authority"

JSW Infrastructure Limited has been granted a Letter of Award (LOA) by the V.O. Chidambaranar Port Authority. The award pertains to the "Mechanization of North Cargo Berth-III (NCB-III) for Handling Dry Bulk Cargo at V.O. Chidambaranar Port on a Design, Build, Finance, Operate, and Transfer (DBFOT) Basis through PPP Basis."

This significant development underscores JSW Infrastructure's commitment to bolstering port mechanization and enhancing cargo handling efficiency at V.O. Chidambaranar Port. The project will be executed through a public-private partnership (PPP) model, enabling the deployment of innovative solutions for dry bulk cargo operations.

The mechanization initiative aligns with V.O. Chidambaranar Port Authority's strategic objectives to modernize port infrastructure and optimize operational capabilities. Through the DBFOT framework, JSW Infrastructure will undertake the design, construction, financing, operation, and eventual transfer of the mechanized facility.

This partnership signifies a milestone in the ongoing collaboration between JSW Infrastructure and V.O. Chidambaranar Port Authority, aimed at driving sustainable growth and fostering economic development in the region.

The mechanization project is expected to streamline cargo handling processes, improve productivity, and contribute to the port's competitiveness in the global maritime trade landscape.

JSW Infrastructure is poised to leverage its expertise and resources to deliver a world-class mechanization solution that meets the evolving demands of the maritime industry while adhering to the highest standards of operational excellence and environmental sustainability.


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