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JSW Group plans new railway corridor in Ratnagiri

Industry Transportation Services

Jaigarh Digni Rail Limited (JDRL), a three way joint venture between JSW Jaigarh Port Ltd (JSWJPL), Konkan Railway and Maharashtra Maritime Board, is to develop a 33.7 km of new railway corridor, which will connect Jaigarh port in Ratnagiri district to Digni station on the Konkan Rail network through PPP model in 30 months. Estimated cost of the project is around Rs.700 crore, funded through a combination of equity and debt.

Extracted from HBL, June 28,’15

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