NEW DELHI: Adani Ports and Special Economic Zone Limited (APSEZ) has secured the letter of intent (LOI) for operating and maintaining the container facility at the Netaji Subhas Dock, located within the Syama Prasad Mookerjee Port in Kolkata.
“The award of the O&M contract for container handling facilities at Netaji Subhas Dock to APSEZ underlines our commitment to develop ports and logistics infrastructure across the country and the potential we see in West Bengal.We will bring our experience of over two decades of efficiently managing various container terminals within India and outside, benefiting customers and the people of the state,” said Ashwani Gupta, Whole-Time Director and CEO of APSEZ.
APSEZ, won the five-year O&M contract through a competitive bidding process. The successful bidder is required to install cargo handling equipment within seven months of receiving the letter of acceptance (LOA).
The Netaji Subhas Dock, the largest container terminal on India’s eastern coast, handled 0.63 million TEUs in FY2023-24. It serves an extensive hinterland that includes West Bengal, Bihar, Uttar Pradesh, Jharkhand, Assam, and the north-eastern hill states, as well as the landlocked neighboring countries of Nepal and Bhutan. The Kolkata port is also the designated port for the Indo-Bangladesh Protocol on Inland Water Transit and Trade route.
Netaji Subhas Dock, situated on India’s eastern seaboard, is the premier container terminal in the region.
In the fiscal year 2023-24, the dock processed approximately 0.63 million TEU (Twenty-foot Equivalent Unit), catering to an extensive hinterland that includes West Bengal, Bihar, Uttar Pradesh, Jharkhand, Assam, the northeastern hill states, and the landlocked nations of Nepal and Bhutan.
The Kolkata port has been designated as the official port for the “Indo-Bangladesh Protocol on Inland Water Transit and Trade route”. Netaji Subhas Dock receives frequent liner service calls from the major hub ports of Singapore, Port Kelang, and Colombo.
(With inputs from agencies)