JSW Infrastructure will invest Rs 152 crore for the expansion of its container capacity at New Mangalore Port Trust as per reports. In June 2022, the company commissioned its first container terminal at New Mangalore Port Trust (NMPT) in Karnataka, having a cargo capacity of 2.4 lakh twenty equipment units (TEU). As per the plan, the capacity will be increased to four lakh TEUs.The modernization efforts will be undertaken by JSW Infrastructure’s subsidiary JSW Mangalore Container Terminal Pvt Ltd (MTPL).
The container terminal has a backup area of 65,000 sqm for the storage of containers. Equipment at the container terminal includes six reach stackers, an empty container handler and two mobile harbour cranes. According to a Crisil report, in FY2024, container traffic is expected to grow in the range of 5-8 per cent over fiscals 2023-2028. Non-major ports are likely to add 100-130 million tonnes of capacity between FY2023 and FY2027.