SMP Kolkata inks ₹48k + cr MoU at the India Maritime Week
The Statesman | 30 October 2025
In a significant achievement, the Syama Prasad Mookerjee Port (SMP), in conjunction with India Maritime Week in Mumbai, has inked a series of landmark Memorandum of Understanding (MoUs) amounting to an investment of over Rs 48,000 crore across diverse sectors of maritime trade and green energy.
The MoUs have been signed at the India Maritime Week 2025, a flagship maritime event organised by the Union ministry of ports, shipping and waterways, in Mumbai. The event started on 27 October and is to be held till 31 October.
Among a series of MoUs, the SMP has inked agreements and proposals for several crucial projects in Kolkata and Haldi. According to the city port office, the cement manufacturing giant, Ultratech Cement is to set up a cement bulk terminal at Kolkata Dock on a captive basis, adding a crucial dimension to the port’s cargo profile. Also, the SMPK has formalised tie-ups with leading institutions such as Science and Technology Park, Pune and various start-ups, aiming at land management innovation and advanced logistics solutions. In addition, Kolkata based Real estate majors like Srijan and Eden Realtors have also collaborated with the port in various river front development projects monetising the land assets of the port.
As learnt from the SMP office, other key agreements signed include an MoU with Dredging Corporation of India, that would have a long-term partnership for dredging operations at SMPK. Haldia Petrochemicals has pledged significant investment towards establishing tank farms and enhancing POL (Petroleum, Oil, and Lubricants) handling infrastructure at Haldia Dock. Major port infrastructure expansion has been planned through collaborations with Adani Ports, JSW Infrastructure, and Century Ports for new container terminal projects under the Public-Private Partnership (PPP) model.
Speaking on the occasion, Rathendra Raman, chairman of SMP, said, “These partnerships mark a defining step in SMPK’s journey of transformation. By bringing together industry leaders and forward-looking institutions, we are building a future-ready maritime ecosystem that enhances trade capacity, attracts global investment, and supports sustainable and inclusive growth for the region.”