Port of Kolkata awards concession for Khidderpore Docks PPP project

Syama Prasad Mookerjee Port in Kolkata on Tuesday awarded the concession for the Rejuvenation of Khidderpore Docks (Dock 1-West) project to Century Ports Limited. The project aims to improve container traffic to meet the needs of landlocked Nepal, Bhutan and other hinterland regions and unlock the full potential of Khidderpore Dock, Port Chairman Rathindra Raman said.

The modernization project is being developed through a public-private partnership on a DBFOT (Design, Build, Finance, Operate and Transfer) basis in the Kolkata port system at a cost of Rs 181.81 crore, Kolkata port announced.

The project will be implemented in two phases. While Phase I will cost Rs. 95.66 crore and Phase II will cost Rs. 86.15 crore.

Century Ports was awarded the concession after meeting the terms of the agreement signed in 2022, including financial closure. The concession period is 30 years, including 18 months of construction for each phase, officials said.

The capacity of the project is 3 million tons per year in phase I and 2.48 million tons per year in phase II.

Cargoes such as containers, finished fertilizers, food grains, iron and steel products, aluminum ingots, pig iron, sugar and limestone are handled through the renovated dock.

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