Kolkata port seals 21 MoUs in Rs 360 billion pact
PORTS & SHIPPING

Kolkata port seals 21 MoUs in Rs 360 billion pact

At the third edition of the Global Maritime India Summit 2023 held in Mumbai, Syama Prasad Mookherjee Port, Kolkata, paved the way for port-driven industrialisation by securing a historic deal worth Rs 360 billion with several companies. Rathendra Raman, the chairperson of SMP, Kolkata, entered into 21 memoranda of understanding (MoUs) with various stakeholders during the summit.

The stakeholders comprised government agencies and private partners involved in port connectivity, capacity augmentation, and green energy projects as part of Vision 2047. The MoUs outlined collaboration with NTPC for green energy and ammonia, as well as cooperation with GRSE for the supply of green marine vessels. Additionally, the first public-private partnership (PPP) project of the Kolkata Dock System at SMP ? Rejuvenation of KPD ? Dock 1 (West) ? was inaugurated by Prime Minister Narendra Modi during the event.

The PPP project of Kolkata Dock System, with an investment of Rs 1.81 billion, would enhance the port capacity by an additional 4.5 million metric tons per annum (MMTPA) and involve complete mechanization of six berths.

At the third edition of the Global Maritime India Summit 2023 held in Mumbai, Syama Prasad Mookherjee Port, Kolkata, paved the way for port-driven industrialisation by securing a historic deal worth Rs 360 billion with several companies. Rathendra Raman, the chairperson of SMP, Kolkata, entered into 21 memoranda of understanding (MoUs) with various stakeholders during the summit. The stakeholders comprised government agencies and private partners involved in port connectivity, capacity augmentation, and green energy projects as part of Vision 2047. The MoUs outlined collaboration with NTPC for green energy and ammonia, as well as cooperation with GRSE for the supply of green marine vessels. Additionally, the first public-private partnership (PPP) project of the Kolkata Dock System at SMP ? Rejuvenation of KPD ? Dock 1 (West) ? was inaugurated by Prime Minister Narendra Modi during the event. The PPP project of Kolkata Dock System, with an investment of Rs 1.81 billion, would enhance the port capacity by an additional 4.5 million metric tons per annum (MMTPA) and involve complete mechanization of six berths.

Next Story
Resources

Madhya Pradesh Champions Inclusive Tourism at Heritage Sites

On the occasion of World Heritage Day, Madhya Pradesh is taking a significant step toward inclusive tourism by making its historical sites accessible to all — especially persons with disabilities. The state is rolling out its ‘Accessibility Infrastructure and Development’ project at Maheshwar, Mandu, Dhar, and Orchha, aiming to create a more welcoming experience at these iconic cultural destinations.The initiative, under the leadership of Chief Minister Dr Mohan Yadav and Tourism Minister Shri Dharmendra Bhav Singh Lodhi, includes infrastructure upgrades such as ramps, Braille signage, w..

Next Story
Resources

Runwal Realty Onboards Sonam Kapoor as Brand Ambassador

Real estate major Runwal has unveiled a refreshed identity as Runwal Realty, signalling a renewed commitment to crafting spaces that stand the test of time. With this refresh, the brand unveils its new philosophy: “Building for Generations to Come” and welcomes Bollywood star and global fashion icon Sonam Kapoor as its brand ambassador. This evolved identity reflects Runwal Realty’s commitment to creating not just homes, but heirlooms—crafted through visionary design, meticulous planning, global design expertise and an unwavering focus on quality. With the customer at its core, each de..

Next Story
Infrastructure Urban

Emerging Trends in Infrastructure and Transport 2025: KPMG

KPMG’s latest report, The Great Reset: Emerging Trends in Infrastructure and Transport 2025 edition, sheds light on the profound changes transforming the global infrastructure landscape. As industries adapt to the challenges posed by climate change, economic pressures, and technological advancements, the report identifies key trends and provides actionable insights for leaders in infrastructure and transport sectors. “In today’s interconnected world, the lack of standardized supply chain practices is not just an operational challenge—it’s an environmental and economic one. We’..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?