JSW Infra Subsidiary Navkar Corp Wins ₹63.22 Crore Contract from Central Railway
JSW Infrastructure's subsidiary, Navkar Corporation, secured a ₹63.22 crore contract from Central Railway for a Gati Shakti Multi-Modal Cargo Terminal at Somathane. Construction is to commence within three months and complete within 18 months, with a 35-year land license.
The contract value is substantial and will contribute to the company's growth and strategic positioning.
The company secured a significant new contract, which is expected to enhance its infrastructure and capabilities.
JSW Infrastructure Limited (JSWINFRA) has announced that its listed subsidiary, Navkar Corporation Limited, has received a Letter of Acceptance from Central Railway, Divisional Office, Commercial Department, CSMT Mumbai. The contract is for the "Development of Gati Shakti Multi-Modal Cargo Terminal under GCT policy at Somathane - Entirely on Railway Land".
Navkar Corporation Limited was informed of the award on December 18, 2025. The contract's value is approximately ₹63.22 crore (Rupees Sixty Three Crores Twenty One Lakhs Ninety Two Thousand Three Hundred Seventy Three Only). The terms and conditions will be governed by a formal agreement for the Gati Shakti Multi-Modal Cargo Terminal, to be developed entirely on railway land.
The company is expected to commence construction within three months of receiving approval and complete it within eighteen months of the construction approval. The railway land will be licensed for a period of 35 years. This development is expected to significantly enhance Navkar Corporation's logistics infrastructure and integrated cargo handling capabilities, reinforcing its strategic presence in the region.
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