JSW Infra looks to bid for ports under govt's privatisation plan

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JSW Infrastructure, India's second biggest port operator by volumes, is keen to explore port privatisation opportunities being opened up by the government and is also exploring the mega transshipment port project at Galathea bay in the Great Nicobar Island, its joint managing director said in a recent interview...

And as the second largest port company in India with a strong balance sheet and aptitude to grow in this sector, we would look at every big opportunity in the ports sector," Arun Maheshwari, also the CEO of the Sajjan Jindal-led JSW Group company, told ET..

JSW Infrastructure is reportedly among 10 companies, including Dutch dredging contractor Royal Boskalis Westminster N.V, Rail Vikas Nigam Ltd, Container Corporation of India Ltd and Essar Ports Ltd, that have submitted expressions of interest for the project...

The company that gets almost its entire business from the bulk segment plans to expand its container and liquid portfolios, such that non-bulk cargo accounts for a third of its revenues in the coming years..