Infrastructure

JSW Infra To Set Up New Cargo Berth At VO Chidambaranar Port In Tamil Nadu

V Bhagya Subhashini

Jul 04, 2024, 12:18 PM | Updated 12:18 PM IST

 (Representative Image)
(Representative Image)

JSW Tuticorin Multipurpose Terminal, a subsidiary of JSW Infrastructure, has finalised a concession agreement with the VO Chidambaranar Port Authority in Tamil Nadu to develop a new berth at the port.

The agreement, signed on 2 July, outlines the development and mechanisation of North Cargo Berth-III (NCB-III) for handling dry bulk cargo.

This project will be executed on a design, build, finance, operate, and transfer (DBFOT) basis, ensuring a comprehensive approach to the terminal's enhancement.

The firm plans to construct a cargo berth with a capacity of 7 million metric tonnes per annum (MPTA), significantly boosting the port’s ability to manage bulk products.

This development is expected to bolster JSW's market share on the East Coast of India by leveraging its extensive expertise in handling a variety of cargoes, including dry bulk, coal, limestone, gypsum, rock phosphate, and copper concentrate, reports Money Control.

VOC Port's strategic positioning close to the East-West International Sea Route is a pivotal asset. Situated at latitude 8° 45'N and longitude 78° 13'E, it holds a key geographic advantage, offering an ideal location for ships traversing this critical trade route.

It can serve as an alternative or complement to these hubs, offering shorter routes for certain trades and easing congestion in the region.

Moreover, VOC Port is well-sheltered from the fury of storms and cyclonic winds, making it a safe and reliable choice for shipping lines.

According to JSW, the project is strategically positioned to provide access to a robust hinterland, thereby enhancing the port's capabilities in handling a diverse range of commodities. This initiative aligns with JSW’s broader strategy to expand its presence and operational capacity in the region.

V Bhagya Subhashini is a staff writer at Swarajya. She tracks infrastructure developments.


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