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Kolkata Port or SMP earmarks Rs 1900 Cr investment for new infrastructure under Sagarmala project

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KOLKATA : Kolkata Port, now known as Syama Prasad Mookerjee Port (SMP), has earmarked an investment of Rs 1900 crore for new infrastructural development with state-of art equipment for increasing connectivity under the Sagarmala project, official sources said on Saturday The riverine port, one of the major ports in the country, has already invested Rs 700 cr since the Sagarmala initiative launched seven years ago under the PM Gati Shaki plan to increase connectivity across the country, according to SMP chairman Vinit Kumar.

The SMP projected plan is to make Kolkata a leading cruising destination in the eastern region. ” Being an active partner in the initiative, Syama Prasad Mookerjee Port, Kolkata (SMP, Kolkata) has invested 700 cr in various projects in the last seven years and has planned to invest another 1900 cr towards other upcoming projects, said Vinit Kumar, who took part in a program in New Delhi to celebrate the seven successful years of Sagarmala initiatives in presence of shipping minister Shri Sarbananda Sonowal.

Kolkata Port has taken up two major projects which will bring the much needed efficiency with lower turnaround time (TRT) of vessels. and rejuvenation of KPD Kidderpore Dock under PPP project in which LOI has been issued to Century Plyboards (India) Ltd. after conducting competitive bidding.

The project has been conceptualized via PPP mode on DBFOT basis for 30 years and the PPP partner will invest 180 cr to install new cranes & other infrastructures to handle bulk, break bulk and containerized cargo, which will increase the capacity of Kidderpore Dock (KPD) by another 3.6 Million MT. Secondly, installation of a third RMQC ( Rail Mounted Quay Crane)

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