JSW Infrastructure Gains Approval to Commence Commercial Operations at Chennai Multi-Modal Cargo Terminal
JSW Infrastructure Ltd has announced the successful commissioning of its Gati Shakti Multi-Modal Cargo Terminal at Arakkonam, Chennai, Tamil Nadu, and received official approval to commence commercial operations.The terminal is located on Railway land and was established under the 'Contract for Construction & Operation of Gati Shakti Multi-Modal Cargo Terminal.' The company had previously reported receiving the Letter of Acceptance for this contract on June 27, 2024.
The company confirmed that Southern Railway, Chennai Division, under Indian Railways (Government of India), has acknowledged the successful commissioning of the multi-modal cargo terminal. JSW Infrastructure Ltd received the approval for commercial operations on April 14, 2026, making the facility operational effective from the same day.
The commencement of commercial operations marks a key milestone for JSW Infrastructure Ltd's logistics and infrastructure segment, enhancing connectivity in the Chennai region.
JSWINFRA Stock Price Movement
On Monday, JSW Infrastructure Limited shares slipped by 1.57% to settle at ₹261.56. The stock traded on a high volume of 1.78 million shares during the session.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.