JSW Infrastructure Limited has informed the Exchange about General Updates Incorporation of Wholly Owned Subsidiary
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JSW Infrastructure has incorporated a wholly owned subsidiary called JSW Kolkata Container Terminal Private Limited on 1st August 2025. The new entity has been set up to execute a Letter of Award (LOA) received from Syama Prasad Mookerjee Port Authority, a government entity. The project involves reconstruction of Berth No. 8 and mechanization of Berth Nos. 7 and 8 at Netaji Subhash Dock of Kolkata Dock System on a Design, Build, Finance, Operate and Transfer (DBFOT) basis through PPP mode for container handling. The terms of the LOA required incorporation of a Special Purpose Vehicle within 30 days. Initial capital subscribed is Rs. 1,00,000 (10,000 equity shares of Rs. 10 each), with JSW Infrastructure holding 100% of the share capital.
This is a positive development for JSW Infrastructure as it expands the company's port footprint into eastern India at a major government-owned port. The Kolkata container terminal project strengthens the company's container handling capabilities and could contribute meaningfully to future revenue, though financial details of the concession are not yet disclosed.