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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.
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