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JSW Infrastructure has partnered with Minerals Development Oman (MDO) to develop a new 27 million tonne per annum greenfield port in Oman with an investment of USD 419 million (about INR 3,730 crore). The project will be executed through a new special purpose vehicle where JSW Overseas FZE will hold 51% and MDO will hold 49%. The port will be developed in the Dhofar Governorate and is planned to begin commercial operations in the first half of 2029. It is intended to support bulk exports of limestone, gypsum and dolomite from MDO's mineral concessions.
JSW Infrastructure, India's second-largest private commercial port operator, is moving ahead with a plan to build a new deep-water mineral port in Oman. The company will undertake the project in partnership with Minerals Development Oman (MDO). The facility will be created through a newly formed entity, South Minerals Port Company SAOC. JSW Overseas FZE, a wholly owned step-down subsidiary of JSW Infrastructure, will acquire a 51% stake in the SPV, while the remaining 49% will stay with MDO. Advertisement
The project involves an investment of USD 419 million (around INR 3,730 crore). It has been planned as a 27 million tonne per annum greenfield port that will support the movement of industrial minerals from the Dhofar region. The construction is expected to take 36 months, with commercial operations planned for the first half of 2029.
The facility is being designed to handle bulk exports of limestone, gypsum and dolomite, which are widely used in India's steel and cement industries. Oman has abundant reserves of these minerals, and the new port is expected to provide a direct and efficient channel for exports from MDO's concession areas. This will also support Oman's efforts to strengthen its minerals sector and expand its role in regional trade routes.
The shareholders' agreement signed between JSW and MDO lays out the governance structure and project responsibilities for the SPV. The port will form part of a broader minerals development programme in Dhofar, where MDO has been working on expanding quarrying capacity across multiple zones. These areas together hold strong production potential, especially for gypsum and limestone, which have seen rising international demand.
Sajjan Jindal, Chairman of JSW Group, said the investment would contribute to deeper trade cooperation between the two countries. He noted that both sides intend to create assets that support long-term regional growth. Rinkesh Roy, CEO and Joint Managing Director of JSW Infrastructure, said the partnership represents a long-term commitment to developing reliable maritime infrastructure.
The port is also expected to support Oman's wider goals under its national development plans, which include improving logistics capacity and expanding export-oriented industries. For JSW Infrastructure, the project fits into its ongoing expansion programme. The company has been increasing its handling capacity steadily and has a broader target to grow its overall port capacity significantly by the end of the decade.
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