Kolkata Port Trust to auction 1,600 acres on 30-yr lease in next 6 months

A pre-bid meeting to lease around 30 plots was held last week which was attended by around 60 people

In the coming six months, Kolkata Port Trust (KoPT) will be putting up at least 1,600 acres of unused land, mainly in Kolkata and Haldia, under the bidding process for a 30-year old lease. It will ensure that the port authorities use up nearly the entire free landholding to generate more revenue.

Currently, KoPT has more than 10,000 acres of land across West Bengal and uses over 43 per cent for its own operations while another 3,400 acres have been put under lease.

 "In the next six months, we will be putting 80-90 plots each having an acreage of