SMPK Signs Major MoUs for Rs 48,000 Crore Investment in Maritime and Green Energy Sectors
The Syama Prasad Mookerjee Port, Kolkata (SMPK) has signed several MoUs totaling over Rs 48,000 crore in investments during the India Maritime Week. These agreements span maritime trade, green energy, and real estate development.
SmpkMaritime TradeGreen EnergyPort ExpansionRiverfront DevelopmentReal Estate PuneOct 30, 2025
The MoUs span various sectors, including maritime trade and green energy. One of the key partnerships is with the Dredging Corporation of India, aimed at enhancing dredging operations to improve navigation and increase the port's efficiency. This will allow larger vessels to dock, boosting trade and economic activities.
Haldia Petrochemicals has committed to investing in tank farms and petroleum infrastructure, which will bolster the port's capacity to handle petrochemicals and related products. This investment is crucial for the development of the petrochemical industry in the region.
Major port expansions are also on the horizon, with collaborations with Adani Ports, JSW Infrastructure, and Century Ports for the construction of new container terminals. These expansions will significantly increase the port's throughput and handling capacity, making it a key player in international trade.
Ultratech Cement has plans to set up a cement bulk terminal at the Kolkata Dock. This terminal will facilitate the efficient handling and distribution of cement, a critical material for construction and infrastructure projects.
In addition to these major industrial partnerships, SMPK has forged ties with the Science and Technology Park in Pune and various start-ups for logistics innovation. These collaborations aim to leverage cutting-edge technology and innovative solutions to enhance the efficiency and sustainability of port operations.
Real estate developers Srijan and Eden Realtors will collaborate on riverfront development projects. These projects are expected to transform the riverfront areas, creating new commercial and residential spaces that will boost the local economy and improve the quality of life for residents.
SMPK Chairman Rathendra Raman emphasized the significance of these initiatives, stating that they represent a major leap towards sustainable and global maritime growth. The investments will not only enhance the port's capabilities but also contribute to the overall economic development of the region.
The Syama Prasad Mookerjee Port, Kolkata (SMPK) is a major port in eastern India, strategically located on the Hooghly River. It plays a vital role in the region's trade and economic activities, handling a diverse range of cargo including containers, bulk, and breakbulk. The port's strategic location and modern infrastructure make it a key gateway for international trade.
Frequently Asked Questions
What is the total investment value of the MoUs signed by SMPK?
The total investment value of the MoUs signed by SMPK is over Rs 48,000 crore.
Which companies are collaborating with SMPK for port expansions?
Adani Ports, JSW Infrastructure, and Century Ports are collaborating with SMPK for the construction of new container terminals.
What is the purpose of the partnership with the Dredging Corporation of India?
The partnership with the Dredging Corporation of India aims to enhance dredging operations to improve navigation and increase the port's efficiency.
How will the Science and Technology Park in Pune contribute to SMPK's initiatives?
The Science and Technology Park in Pune and various start-ups will collaborate on logistics innovation, leveraging cutting-edge technology to enhance the efficiency and sustainability of port operations.
What are the plans for riverfront development projects with Srijan and Eden Realtors?
Srijan and Eden Realtors will collaborate on riverfront development projects, which are expected to transform the riverfront areas, creating new commercial and residential spaces that will boost the local economy and improve the quality of life for residents.
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