Shipping ministry plans Rs 3,000-cr projects for KoPT

Image
BS Reporter Kolkata
Last Updated : Jan 21 2013 | 3:38 AM IST

Three projects, with a combined investment of at least Rs 3,000 crore, have been envisaged by the Union shipping ministry in an effort to secure the future of the Kolkata Port Trust (KoPT), which has been struggling in recent months as major navigational channels have seen depths falling due to siltation.

“Since the draught problem does not allow large ships to come into the port, we will create a container terminal at Diamond Harbour and an extension of the Haldia Dock Complex (HDC) at Salukhali. We also propose to establish a 'deeper-draught' port near Sagar (Island), for which a committee has already been constituted,” Union minister of state for shipping Mukul Roy said here on Tuesday.

KoPT officials said that the Diamond Harbour facility and the Haldia Dock II, at Salukhali, was expected to cost about Rs 300 crore and Rs 580 crore, respectively, however, the exact cost was yet to be ascertained. But Roy said that he expected both of these to be functional by 2011-end.

The 'deeper-draught' port, on the other hand, is likely to be executed on a public-private-partnership model and, sources said, will require a cumulative investment upwards of Rs 2,000 crore.

As for the funding of these projects, Roy said that budgetary sanctions were in place but refused to give any specifics. Meanwhile, Railway minister Mamata Banerjee has promised to look into extending rail connectivity to the three proposed projects and KoPT chairman ML Meena is to meet Railway board officials later this week, Roy said. Both Banerjee and Roy are part of the Trinamool Congress, which is led by the former.

In the past, the CPI(M)-led West Bengal government had backed the proposal to establish a deep-sea port in the state and had invited private participation. But, so far, the endeavour has been unsuccessful.

Unsurprisingly, Roy said that the proposed 'deep-draught' port would be separate from the 'deep-sea' port mooted by the government and even went on to promise that “no forceful land acquisition would be undertaken by the Shipping Ministry.”

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 07 2010 | 12:35 AM IST

Next Story