The Kolkata Port, now known as Syama Prasad
Mookerjee Port, is planning to invest Rs 4,000 crore by 2030 to expand cargo
handling capacity to 130 million tons, its Chairman Rathendra Raman said.
The Port has the capacity to handle 87 million tons of
cargo and had previously set a target to ramp up the capacity to 110 million
tons by 2030. During the
2022-23 fiscal, the port handled 65.66 million tons of cargo and anticipated a
13 per cent growth in the current financial year
"One of my key priorities is to
maintain double-digit growth, profitability and transforming the port into a
green one. To ensure sustained growth, we will increase the total cargo
handling capacity to 130 million tons and will invest Rs 4,000 crore,"
Raman told reporters here.
In another breakthrough, the port achieved a record net
surplus (profit) of Rs 304 crore in FY'23
He outlined 11 upcoming projects aimed at
modernizing and enhancing the infrastructure in phases to achieve the goal.
.In a bid to reduce congestion and
pollution in the city, the port has acquired a Rs 450-crore out gate dock
facility spread across 300 acre of land in Hooghly district's Balagarh,
situated 85 km upstream on the Hooghly River. A sum of Rs 98 crore has already
been allocated for basic infrastructure development, and the port plans to
pursue a public-private partnership (PPP) project with an investor to manage
port activities. The Balagarh facility is expected to be a mixed-use port,
capable of handling 1.6 million tons of coal and 85,000 containers.
With the
successful trial run of a cement cargo to the North-East through Myanmar's
Sittwe Port, Kolkata Port authorities are expecting "better cargo
handling" for the NE region in future. The cargo was flagged off from
Kolkata in May 4 and received at the Sittwe Port on May 9 by Union Shipping
Minister Sarbananda Sonowal and Deputy Prime Minister and Union Minister for
Transport & Communications of Myanmar, Admiral Tin Aung San.
The port authorities have engaged a
consultant to conduct a feasibility study for a new tunnel under the Hooghly
River for the transportation of vehicles, he said, adding that the under-river
tunnel project is still in the nascent stage.