JSW Infra signs MoU with KRCL for efficient cargo movement

JSW Infrastructure Limited (JSWIL) has announced the signing of a binding Memorandum of Understanding (MoU) with Konkan Railway Corporation Limited (KRCL). This MoU pertains to the Bhoke Railway Siding Project in Ratnagiri District, situated on the Konkan Railway route. This development follows JSWIL’s earlier disclosure on September 9, 2024, regarding their investment in this crucial project through their wholly-owned subsidiary, JSW Jaigarh Port Limited (Jaigarh Port).

Under the terms of the MoU, Jaigarh Port will provide a refundable and non-lapsable security deposit for the construction and development of the Bhoke Railway Siding. Once completed, this project will establish vital railway access to Jaigarh Port, facilitating the efficient movement of diverse cargo, including containers, bulk goods, and liquid cargo. This significantly enhanced connectivity is expected to bolster Jaigarh Port’s capacity to handle third-party cargo from the hinterland and will be instrumental in laying the groundwork for future capacity expansion.