JSW beats Adani to bag Rs 4,000 crore Karnataka port project – Times of India

by The Technical Blogs

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MUMBAI: JSW Infrastructure, India’s second largest commercial port company and part of $23-billion JSW Group, has won a tender to develop a Rs 4,119-crore port in Keni, Karnataka.
It beat Adani Ports in winning the tender. The proposed Keni port will be primarily for coal and coke cargo, which is being utilised by steel, cement and power plants. It will also be further supported by Iron ore, limestone, dolomite handlings and export of finished steel products.
According to the Karnataka Maritime Perspective Plan, Karnataka is currently having potential of 44 MTPA of cargo and the same is expected to increase to 117 MTPA by 2035.On comparison to the future demand and the capacity being handled by the present ports, there is a need for a deep port to fulfil the cargo handling gap requirement in future. Hence, the concept of alternate port in Kent has emerged.



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