Karnataka Maritime Board, on Thursday, November 16, awarded the bid for developing an all-weather, deep-water, greenfield port at Keni, Karnataka, to JSW Infrastructure (a subsidiary of JSW Group) on a PPP Mode (Public-Private Partnership). The estimated construction cost is 4,119 INR-Crore with a capacity of 30 MTPA (metric tonne per annum) in the initial phase (with further potential to increase substantially over time).
The proposed port is located strategically between two operational major ports – Mormugao Port (in the North) and New Mangalore Port (in the South). It will include modern environment-friendly-mechanized facilities for handling cape-sized vessels.
Also Read: India-Middle East-Europe Economic Corridor (IMEEC): A Global Economic Revolution
The project is envisioned as an all-weather, greenfield, multi-cargo, direct berthing, deep-water commercial port for handling all types of cargo on the west coast of North Karnataka, serving the industries in Ballari, Hospete, Hubballi, Kalaburagi, and South Maharashtra.
The development work of the Keni port as an integral part of the State’s Maritime Infrastructure and Trade gateway will start as soon as the concession agreement is signed.
Biltrax Construction Data is tracking 27,000+ projects on their technology platform for their clients.
Get exclusive access to upcoming projects in India with actionable insights and gain a competitive advantage for your products in the Indian Construction Market.
Visit www.biltrax.com or email us at contact@biltrax.com to become a subscriber and generate leads.
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.
0Discover more from Biltrax Media, A Biltrax Group venture
Subscribe to get the latest posts sent to your email.
