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SMPK Inks MoUs to Invest Rs 48,000cr in Maritime Trade and Green Energy

The Syama Prasad Mookerjee Port, Kolkata (SMPK) has signed a series of memorandums of understanding (MoUs) totaling over Rs 48,000 crore in investments.

The agreements span across sectors such as maritime trade and green energy. SMPK's partnership with the Dredging Corporation of India aims to enhance dredging operations, while Haldia Petrochemicals will invest in tank farms and petroleum infrastructure. Additionally, major port expansions are secured through collaborations with Adani Ports, JSW Infrastructure, and Century Ports for new container terminals. Ultratech Cement plans to set up a cement bulk terminal at Kolkata Dock.

Further, SMPK has forged ties with institutions like the Science and Technology Park, Pune, and various start-ups for logistics innovation. Real estate developers Srijan and Eden Realtors will collaborate on riverfront development projects. SMPK Chairman Rathendra Raman emphasized these initiatives as a leap towards sustainable, global maritime growth.

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