Adani Ports receives LOI for Operation and Management of container terminal at Kolkata port
With this, APSEZ establishes its presence at the largest container handling facility on the India’s east coast.
Adani Ports and Special Economic Zone Limited (APSEZ), India’s largest port developer-cum-operator, has received the letter of intent (LOI) for the operation and maintenance (O&M) of the container facility at the Netaji Subhas Dock at the Syama Prasad Mookerjee Port in Kolkata. APSEZ won the five-year O&M contract through a competitive bidding process, which mandates the successful bidder to deploy cargo handling equipment within seven months from the letter of acceptance (LOA) date.
With this, APSEZ establishes its presence at the largest container handling facility on India’s east coast.
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Read Also : NALCO with IDCO organised exclusive roadshow for Angul Aluminium ParkThe Kolkata port is nominated for the Indo-Bangladesh Protocol on Inland Water Transit and Trade routes. Netaji Subhas Dock has regular liner service calls from the hub ports of Singapore, Port Kelang, and Colombo. The presence of APSEZ at the dock is likely to improve connectivity between the terminal and its container ports, particularly with the transshipment hubs at Vizhinjam and Colombo targeted for commissioning during the year.
Netaji Subhas Dock is the largest container terminal on the eastern coast of India. It handled around 0.63 million TEUs in FY2023-24, serving a vast hinterland encompassing West Bengal, Bihar, Uttar Pradesh, Jharkhand, Assam, the northeastern hill states, and the landlocked neighboring countries of Nepal and Bhutan.
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