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Jindal to set up largest IWT system

Jindal to set up largest IWT system

For creating and operating infrastructure for transportation of coal, required for NTPC's power plant at Farakka, West Bengal, through inland waterways, Jindal ITF and NTPC have entered into a strategic agreement. This project is an attempt to reduce dependence on the overstretched railway network. Considering the current constraints of the Indian port sector, this project will bring a paradigm shift in Indian shipping operations. Jindal Vector has made a capital commitment of $140 to 170 million to this project.

This marquee project shall introduce the concept of a trans-shipper on the east coast of India which has a capacity to handle Panamax vessels. The Jindal barges will be specially constructed to fit the width and depth of the waterways to Farakka.

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