Kolkata Port inks MoUs worth over Rs 48,000cr at India Maritime Week

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KOLKATA, Oct 29: The Syama Prasad Mookerjee Port, Kolkata (SMPK), on Wednesday announced it has secured over Rs 48,000 crore in strategic investment partnerships through a series of MoUs during the India Maritime Week-2025 in Mumbai.

At the event organised by the Ministry of Ports, Shipping and Waterways, SMPK entered into agreements with major players.

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These include Dredging Corporation of India (DCI) for long-term dredging operations, Haldia Petrochemicals Ltd for investments in tank-farm and POL (petroleum, oil and lubricants) handling infrastructure at the Haldia Dock, and partnerships with Adani Ports and Special Economic Zone Ltd, JSW Infrastructure Ltd and Century Ports & Harbours Ltd for new container-terminal projects under a PPP model.

Among the deals, UltraTech Cement Ltd will establish a cement bulk-terminal at the Kolkata dock on a captive basis, while the port also partnered with real estate firms such as Srijan Real Estate & Infrastructure Pvt Ltd and Eden Realtors Ltd for river-front development projects on port-land assets, a statement said.

The Kolkata port, however, did not provide a detailed investment breakup by the companies.

“These partnerships mark a defining step in SMPK’s journey of transformation. By bringing together industry leaders and forward-looking institutions, we are building a future-ready maritime ecosystem that enhances trade capacity, attracts global investment, and supports sustainable and inclusive growth for the region,” Chairman Rathendra Raman said. (PTI)

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