Kolkata Port secures Rs 48,000 crore investment through MoUs at India Maritime Week 2025
Syama Prasad Mookerjee Port, Kolkata, signed MoUs worth over Rs 48,000 crore during India Maritime Week 2025 to enhance its infrastructure. Agreements cover long-term dredging, POL handling, new container terminals, a cement bulk terminal, and river-front development projects in partnership with major industrial and real estate firms.
During India Maritime Week 2025 in Mumbai, Syama Prasad Mookerjee Port, Kolkata (SMPK), secured strategic partnerships totaling over Rs 48,000 crore through multiple Memorandums of Understanding (MoUs). Key investments include a long-term dredging agreement with Dredging Corporation of India Ltd, infrastructure enhancement for petroleum, oil, and lubricants (POL) handling in collaboration with Haldia Petrochemicals Ltd, and new container terminal projects developed with Adani Ports, JSW Infrastructure, and Century Ports & Harbours under a public-private partnership (PPP) model. Additionally, UltraTech Cement Ltd will establish a cement bulk terminal on a captive basis at Kolkata dock, while river-front development projects will be undertaken in partnership with real estate firms such as Srijan Real Estate & Infrastructure Pvt Ltd and Eden Realtors Ltd, leveraging port land assets. These initiatives aim to transform the port into a future-ready maritime ecosystem, enhancing trade capacity and attracting global investments while promoting sustainable regional growth. Chairman Rathendra Raman emphasized that these collaborations represent a significant step toward modernizing Kolkata Port and boosting economic activity in the region.
