Moody's Investors Service, on Tuesday, upgraded JSW Infra corporate family rating (CFR) and senior secured bond rating to Ba1 from Ba2, and changed the outlook to stable from positive
The container terminal will have a quay length of 350 meters and accommodate vessels up to 9000 TEUs. It will have a backup storage area of 15.5 hectares for storage of container
JSW Infra will also provide technical expertise in building and operating infrastructure assets
The container terminal at the Kamarajar Port has been awarded to Adani Ports and would be developed in two phases to a full installed capacity of 1.4 million tonnes
Total investment pegged at Rs 88 bn, Company will build 50 mn tonne capacity in coal and iron ore at Paradip alone
JSW Infra's listing and capacity enhancement plans make it an aggressive bidder
Says firm has lined up capex of Rs 7,000 cr as it looks to reach port capacity of 200 mtpa by 2020
Says firm has lined up capex of Rs 7,000 cr as it looks to reach port capacity of 200 mtpa by 2020