JSW Infrastructure Limited (JSW Infra) has received a Letter of Intent (LoI) from the Maharashtra Maritime Board (MMB) to develop a multi-purpose port in Murbe village, Palghar district. The project, estimated to cost ₹4,259 crore, will cater to captive, bulk, and dry bulk cargo. The Maharashtra government's announcement details that the project will create approximately 1,500 jobs. The LoI is valid for 24 months, during which JSW Infra must meet specific conditions before MMB finalizes a 70-year concession agreement for the port. This greenfield project aligns with JSW Infra’s growth plan for fiscal year 2030, aiming to boost its capacity from 170 million tonnes per annum (MTPA) to 400 MTPA. The state cabinet approved JSW Infra as the project developer during a meeting on September 30. A detailed project
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