JSW Infrastructure's Resolution Plan for NCR Rail Infrastructure Approved by Committee of Creditors

JSW Infrastructure Ltd's resolution plan for NCR Rail Infrastructure Limited, which owns and operates a Private Freight Terminal (PFT) in Khurja, Uttar Pradesh, has been approved by the Committee of Creditors. The facility is strategically located near New Delhi and the upcoming Jewar Airport, and features two operational warehouses with a combined area of ~0.2 million square feet. The company also owns a land bank of ~130 acres. The implementation of the resolution plan is subject to the terms of the Letter of Intent and necessary approvals from the NCLT and other regulatory authorities.