JSW Infra, Konkan Railway Sign MoU for Bhoke Railway Siding Project

JSW Infrastructure Limited, on June 19, 2025, announced that its wholly owned subsidiary, JSW Jaigarh Port Limited, has signed a binding Memorandum of Understanding (MoU) with Konkan Railway Corporation Limited (KRCL). The agreement relates to the construction and development of the Bhoke Railway Siding project in Ratnagiri district, Maharashtra.

Rail Access to Jaigarh Port

The Bhoke Railway Siding, once developed, will provide direct rail connectivity to Jaigarh Port. This link is intended to support the movement of various types of cargo, containers, bulk, and liquid between the port and inland regions of Maharashtra. The addition of rail access is to reduce reliance on road transport.

Security Deposit Clause

As part of the agreement, JSW Jaigarh Port Limited will provide a refundable and non-lapsable security deposit to KRCL. This financial arrangement has been included to facilitate the development and execution of the railway siding project.

Reference to Earlier Announcement

The MoU follows a previous disclosure made on September 9, 2024, where JSW Infra had informed exchanges of its plans to invest in the Bhoke Railway Siding. That announcement had outlined the company’s intent to expand connectivity to Jaigarh Port via the Konkan Railway network.

Location and Operational Role

Jaigarh Port is situated in Ratnagiri district along the western coast of India. It handles multiple cargo categories and is one of JSW Infra’s key port assets. The siding project is positioned on the Konkan Railway route, a corridor that connects the western coastline with inland areas.

There has been no official statement regarding the timeline for the construction or completion of the Bhoke Railway Siding. Further updates are expected as the project progresses.

Read More: SEBI Eases IPO Norms to Boost Startup Listings and Founder Incentives!

JSW Infrastructure Share Price Performance

As of 09:17 AM on June 20, 2025, JSW Infra share price was trading at ₹299.40, a 0.05% decline; the stock has declined 3.14% over the past 6 months and 1.29% over the past year.

Conclusion

The signed MoU sets the groundwork for developing railway connectivity to Jaigarh Port. The agreement involves coordination between JSW Infrastructure and KRCL, with work on the siding expected to begin following necessary procedural steps.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.