Welspun One Secures ₹2,300 Crore Funding from NaBFID for JNPA Logistics Project.

Welspun One Logistics Parks (Welspun One) has announced the closure of ₹2,300 crore in construction financing from the National Bank for Financing Infrastructure and Development (NaBFID) for its flagship logistics park at Jawaharlal Nehru Port Authority (JNPA).

Spread across 55 acres, the JNPA project is the company’s largest logistics development in India to date.

NaBFID’s funding is structured as a 22-year term loan. “While we have financed other warehousing projects, this one stands out as it is being developed within a Special Economic Zone (SEZ) and built to international standards,” said Samuel Joseph, Deputy Managing Director at NaBFID.

HBL