Kolkata Port signs MoUs worth over Rs 48,000 crore at India Maritime Week 2025

Kolkata: The Syama Prasad Mookerjee Port, Kolkata (SMPK) has signed a series of Memorandums of Understanding (MoUs) worth more than Rs 48,000 crore with leading public and private sector companies during the India Maritime Week 2025 held in Mumbai, officials said on Wednesday.

The event, organised by the Ministry of Ports, Shipping and Waterways, saw SMPK enter into major strategic partnerships aimed at boosting port infrastructure, trade capacity and regional development.

Key agreements include collaborations with the Dredging Corporation of India Ltd (DCIL) for long-term dredging operations, Haldia Petrochemicals Ltd for tank-farm and POL (petroleum, oil and lubricants) handling facilities at Haldia Dock, and Adani Ports and Special Economic Zone Ltd, JSW Infrastructure Ltd and Century Ports & Harbours Ltd for developing new container terminals under the Public-Private Partnership (PPP) model.

As part of the deals, UltraTech Cement Ltd will set up a captive cement bulk terminal at the Kolkata dock, while SMPK also signed pacts with Srijan Real Estate & Infrastructure Pvt Ltd and Eden Realtors Ltd for riverfront development projects on port-owned land.

“These partnerships mark a major milestone in SMPK’s transformation journey,” said Rathendra Raman, chairman of SMPK. “By bringing together top industry players, we are creating a future-ready maritime ecosystem that will expand trade capacity, attract global investment, and drive sustainable growth,” he added.

Samrat Rahi, deputy chairman of SMPK, said the largest single investment came from Haldia Petrochemicals at around Rs 10,000 crore, followed by DCIL with Rs 5,000 crore. Other major commitments include Rs 3,000 crore each from Srijan Realty Pvt Ltd and HUDCO, Rs 2,500 crore from Ripley and Rs 2,000 crore from Adani Ports.

He further noted that JSW Infrastructure and IPRCL pledged Rs 1,500 crore each, while Century Ports committed Rs 1,000 crore. The investment amount from Tata Steel remains undisclosed.

According to SMPK officials, these MoUs are expected to significantly strengthen the port’s infrastructure and contribute to the maritime and economic growth of eastern India.

(with agency inputs)