JSW Infrastructure has recently informed exchanges that the company has bagged a letter of intent from the Maharashtra Maritime Board (“MMB”) for the “development, operation, management and maintenance of an All Weather and Multipurpose Port at village Murbe in Palghar District of Maharashtra” on a Public Private Partnership (PPP) basis – Design, Built, Own, Operate, and Transfer (DBOOT) Model.
The proposed Murbe port is meant to be an all-weather, multi-cargo commercial port. The proposed port is situated near major roadways such as National Highway 8 and the State Highway (Boisar Road), as well as rail corridors such as the Delhi-Mumbai trunk train rail and the Dedicated Western Freight Corridor.
