JSW to invest Rs 2,000 crore to set up captive port in Odisha

The captive port is expected to cater to JSW's shore based steel plant proposed near Paradip

JSW Infrastructure, part of the Sajjan Jindal controlled JSW Group, has pledged an investment of Rs 2,000 crore to set up a captive port in Odisha's coast at Jatadhari Muhan near Paradip. Initially, the port would have a capacity to handle 10 million tonnes of cargo and which could be subsequently raised to 20 million tonnes.

Initially, JSW Group in its proposal to the Odisha government had evinced interest to establish a commercial port at Jatadhari Muhan. The site selected was the one chosen by Posco India for building its captive port. But, JSW dropped its interest for the commercial