JSW Infra bags LoA from V O Chidambaranar Port Authority

Unnati More Feb 26, 2024 0

JSW Infrastructure, a subsidiary of the JSW Group, announced receiving a Letter of Award (LoA) for the mechanization of cargo berth from the V O Chidambaranar Port Authority, Tamil Nadu. The project will be developed on a PPP basis (Public-Private Partnership).

The scope of work includes North Cargo Berth-III (NCB-III) mechanisation for handling dry bulk cargo at V.O. Chidambaranar Port on design, build, finance, operate and transfer (DBFOT) mode. The terms and conditions will be awarded following the draft concession agreement and the amendments submitted with the bid, whereas the concession agreement will be signed as per the terms of the request for proposal (RFP) within 30 days of the issue of the LoA.

Also Read: Top 10 Upcoming Mega Projects in India

JSW Infrastructure is the second-largest commercial port operator in India in terms of cargo handling capacity. It develops and operates ports and port terminals according to port concessions.


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Disclaimer: The information contained herein has been compiled or arrived at, based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. The image featured in this article is for representation purposes only and does not in any way represent the project. If you wish the article to be removed or edited, please email editor@biltrax.com.

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