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Home > All news > Business, Port > JSW Infrastructure arm secures ₹500-crore loan for Tuticorin Port expansion
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JSW Infrastructure arm secures ₹500-crore loan for Tuticorin Port expansion

December 19, 2024
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MUMBAI : JSW Group firm JSW Infrastructure Ltd on Wednesday (December 18) said its wholly-owned subsidiary, JSW Tuticorin Multipurpose Terminal Private Ltd, has secured a ₹500-crore term loan to fund the development and mechanisation of North Cargo Berth-III (NCB-III) at V.O. Chidambaranar Port in Tuticorin.

The loan facility, provided equally by ICICI Bank and Canara Bank, will finance the dry bulk cargo terminal, which is being developed on a design, build, finance, operate, and transfer (DBFOT) basis with a capacity of 6 . . .

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