Project Update7 Jul 2026, 09:30 pm
JSW Jatadhar Marine to develop captive jetty in Odisha
AI Summary
JSW Infrastructure Ltd's wholly-owned subsidiary, JSW Jatadhar Marine Services Private Limited, will develop a captive jetty at Jatadhar Muhan, Jagatsinghpur district, Odisha. This follows the Government of Odisha's approval on June 18, 2026, to novate the concession agreement from JSW Utkal Steel Limited to JSW Jatadhar. A novation agreement has been executed, formalizing JSW Jatadhar's role in implementing the project under the Build, Own, Operate, Share and Transfer model. The company was informed of the agreement execution on July 7, 2026.
Key Highlights
- JSW Jatadhar Marine Services to develop captive jetty in Odisha.
- Government of Odisha approved novation of concession agreement.
- Project to be implemented under Build, Own, Operate, Share and Transfer model.
- Wholly-owned subsidiary JSW Jatadhar takes over development.
- Novation agreement executed between JSW Utkal and JSW Jatadhar.
Price Impact
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