The company said it has received a Letter of Award from the Syama Prasad Mookerjee Port Authority (SMPA) for the development of the Outer Container Terminal comprising two berths and five berths at Netaji Subhas Dock. The project has been awarded under the Design, Build, Finance, Operate and Transfer (DBFOT) model through the public-private partnership framework.
The concession agreement carries a tenure of 30 years and will be executed in two phases. Upon completion, the project is expected to create container handling capacity of around 0.93 million twenty-foot equivalent units (TEUs), helping address growing trade volumes and capacity constraints at the Kolkata Dock System.
The latest award builds on JSW Infrastructure’s earlier win for the reconstruction of Berth 8 and mechanisation of Berths 7 and 8 at Netaji Subhas Dock, a project with capacity of 0.45 million TEUs where interim operations are expected to commence shortly. Together, the two projects are expected to raise the company’s container handling capacity at Kolkata Dock System to nearly 1.4 million TEUs.
The company said the development is supported by strong demand fundamentals, aided by a well-established hinterland and significant cargo generation from the Kolkata metropolitan region. It expects the projects to improve berth productivity, reduce vessel turnaround times and strengthen logistics efficiency in eastern India.
The win also marks JSW Infrastructure’s second project from SMPA within a year, reinforcing its position as a key private-sector participant in India’s port privatisation and PPP programme. Once all identified container expansion projects are completed, the company’s overall container handling capacity is expected to rise to around 1.8 million TEUs.
The project aligns with JSW Infrastructure’s broader strategy of expanding its presence in the container segment and increasing the share of third-party cargo in its overall business mix.
The announcement comes weeks after the Sajjan Jindal-led company reported an 18.6% rise in fourth-quarter revenue to ₹1,522.3 crore, while EBITDA increased nearly 20% to ₹768.8 crore.
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Cargo volumes handled during the quarter stood at 31.6 million tonnes, supported by higher throughput across several ports and contributions from newly operational terminals.
Investors cheered the latest development, with shares of JSW Infrastructure rising more than 4% intraday after the announcement.
