News Arena

Home

Bihar Assembly

Nation

States

International

Politics

Opinion

Economy

Sports

Entertainment

Trending:

Home
/

kolkata-port-inks-mous-worth-over-48-000-cr-at-maritime-week

Economy

Kolkata Port inks MoUs worth over ₹48,000-cr

The Syama Prasad Mookerjee Port, Kolkata (SMPK) said it had secured partnerships worth over ₹48,000 crore with major players for long-term dredging operations among other major projects

News Arena Network - Kolkata - UPDATED: October 30, 2025, 06:25 PM - 2 min read

thumbnail image

Kolkata’s Syama Prasad Mookerjee Port (SMPK) said it had entered into strategic partnerships worth over ₹48,000-cr


Kolkata’s Syama Prasad Mookerjee Port (SMPK) said it had entered into strategic partnerships with major players during the India Maritime Week 2025 in Mumbai.


At the event organised by the Ministry of Ports, Shipping and Waterways, SMPK said it had secured investments worth over ₹48,000 crore with companies like UltraTech Cement Ltd, Srijan Real Estate & Infrastructure Pvt Ltd, and Eden Realtors Ltd.


The projects include long-term dredging operations with Dredging Corporation of India Ltd (DCIL), deals with 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.


The port authorities also said the UltraTech Cement Ltd will establish a cement bulk-terminal at the Kolkata dock on a captive basis, while there has been a partnership 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.

 

Also Read: Kolkata Port authorities assure smooth cargo movement to Nepal


Samrat Rahi, Deputy Chairman of SMPK, said the port has secured major investment commitments from several leading companies, with the largest single commitment coming from Haldia Petrochemicals at around ₹10,000 crore, followed by ₹5,000 crore from DCIL.


“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.


“Other significant MoUs were inked with Srijan Realty Pvt Ltd and HUDCO, each committing ₹3,000 crore, Ripley with ₹2,500 crore, and Adani with ₹2,000 crore,” Rahi said.


He added that further commitments came from JSW and IPRCL (₹1,500 crore each) and Century Ports (₹1,000 crore), while the one with Tata Steel remains confidential.

TOP CATEGORIES

  • Nation

QUICK LINKS

About us Rss FeedSitemapPrivacy PolicyTerms & Condition
logo

2025 News Arena India Pvt Ltd | All rights reserved | The Ideaz Factory