Adani Ports and SEZ receives LOI for O&M of Container Terminal at Kolkata Port

Adani Ports and Special Economic Zone Limited (APSEZ) has received the Letter of Intent (LOI) for the Operation and Maintenance (O&M) of the container facility at the Netaji Subhas Dock, 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.

Netaji Subhas Dock is the largest container terminal on the eastern coast of India. It handled around 0.63 million Twenty-foot Equivalent Units (TEUs) in FY2023-24, serving a vast hinterland encompassing West Bengal, Bihar, Uttar Pradesh, Jharkhand, Assam, the northeastern hill states and the landlocked neighbouring countries of Nepal and Bhutan.

The Kolkata port is nominated for the Indo-Bangladesh Protocol on inland water transit and trade route. Netaji Subhas Dock has regular liner service calls from the hub ports of Singapore, Port Kelang and Colombo. The presence of APSEZ is likely to improve connectivity between the terminal and its container ports, particularly with the transshipment hubs at Vizhinjam and Colombo that are targeted for commissioning during the year.