India's JSW Infrastructure gains on letter of award for Kolkata Port project

JSW Infrastructure

08/07/2025 09:25

** Shares of JSW Infrastructure JSWN.NS rise 1.7% to 310.20 rupees, set to snap four session losing streak

** Port operator gets letter of award from Syama Prasad Mookerjee Port Authority for reconstruction of berth-8 and mechanization of berth-7 and berth-8 at Netaji Subhas Dock in Kolkata

** Estimated capex of 7.4 bln rupees ($86.4 mln) and construction timeline of two years

** Project comes with 30‐year concession period

** JSWN down ~2% YTD

($1 = 85.6825 Indian rupees)

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))