JSW Infra to hike capacity utilisation to 80-85% on rise in cargo movements

JSW INFRASTRUCTURE, THE ports business of Sajjan Jindal-led JSW Group, is planning to hike capacity utilisation across all its ports to about 80-85% in the coming years, banking on a rise in cargo movement in the country. The firm is also planning to nearly double total cargo handling capacity to 300 million tonne per annum, a top official said.

- RAJESH KURUP

"The present capacity utilisation across our ports is at about 64%, due to the mix of terminal and greenfield ports. We can probably take this up to 80-85% with the existing investment as all these assets are strategically located. With cargo volumes increasing, utilisation would rise, and on top of that, we are looking to acquire under the government's privatisation move," JSW Infrastructure joint MD & CEO Arun Maheshwari told FE in an interview.

He, however, declined to provide a timeframe for hiking capacity utilisation.