JSW Infrastructure, India’s second-largest private port operator, has partnered with Minerals Development Oman (MDO) to develop a new 27-million-tonne-per-annum greenfield port in Oman. The project, costing $419 million (₹3,730 crore), is designed to support the country’s fast-growing industrial minerals sector.
Construction of the port is expected to take 36 months, with commercial operations targeted for the first half of 2029.
To execute the project, JSW’s wholly owned step-down subsidiary, JSW Overseas FZE, will acquire a 51% stake in South Minerals Port Company SAOC, a special purpose vehicle recently established by MDO. The Omani state-owned entity will hold the remaining 49%.
Gateway for Mineral Exports
The planned port will play a pivotal role in handling exports of limestone, gypsum and dolomite from MDO’s concessions in the Dhofar region. Oman’s substantial reserves of these minerals—key raw materials for India’s steel and cement sectors—make the location highly attractive for long-term supply security. The facility is expected to enhance bulk cargo efficiency, streamline supply chains and strengthen regional maritime connectivity.
Expanding Global Ambitions
JSW Infrastructure is pursuing an ambitious plan to expand its total cargo handling capacity to 400 million tonnes per annum by 2030, up from the current 177 mtpa. The Oman project supports this growth strategy while aligning with Oman Vision 2040, which aims to diversify the country’s economy and scale up world-class infrastructure beyond the hydrocarbon sector.
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