The Syama Prasad Mookerjee Port, Kolkata (SMPK), on Monday signed a 30-year concession agreement with JSW Infrastructure Ltd for a Rs 740-crore project.

The agreement provides for reconstruction of berth 8 and installation of rail-mounted quay cranes (RMQC) at berths 7 and 8 at Netaji Subhas Dock under the Kolkata Dock System, to enable faster container cargo handling, supported by a 25-acre backup area, a statement said.

The concession has been awarded for 30 years, with the terminal projected to handle 5 lakh TEUs annually, it said.

SMPK Chairman Rathendra Raman said the project reflects the port's commitment to strengthening infrastructure and trade facilitation in line with the Centre's vision of world-class ports.

The signing ceremony was attended by Raman, Deputy Chairman Samrat Rahi, senior officials of the Kolkata Dock System and representatives from JSW Infra Ltd, including Director Devki Nandan.

Source: Business Standard 

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