Building a war chest essential for continued expansion: JSW Infra CEO

"If the sector and location are favourable, and a growth opportunity exists, we do not mind putting a tick in the box"

With its upcoming initial public offering (IPO), JSW Infrastructure aims to retire debt and fund capital expenditure (capex). ARUN MAHESHWARI, joint managing director and chief executive officer of JSW Infrastructure, in an interview with Amritha Pillay, shares insights into how the company intends to create a war chest to seize future growth opportunities in the sector. Edited excerpts:

Can you outline your plans for deploying the Rs 2,800 crore you intend to raise?
 

Of the Rs 2,800 crore, approximately Rs 1,200 crore will be allocated to capex, including brownfield projects such as establishing a liquefied petroleum gas plant at the