Adani Ports to undertake 298 cr mechanisation project at SMPK

HDC Bulk Terminal Ltd (HBTL), a wholly owned subsidiary of Adani Ports and Special Economic Zone Limited(APSEZ), has signed a Rs 298 crore berth construction and mechanisation agreement with Syama Prasad Mookerjee Port, Kolkata (SMPK).

As per the agreement, HBTL will begin the construction and mechanisation at the Kolkata port in six months. This is in continuation to the selection of APSEZ as a successful bidder by SMPK earlier in February.

“The mechanization and upgradation of Haldia Bulk Terminal provides us the opportunity

to firmly establish APSEZ’s footprint in Bengal," said Karan Adani, CEO and Whole Time Director of APSEZ. “We remain committed to further accelerating the ever-growing industry and economy of Bengal. With this fully mechanized facility, we aim to set a higher benchmark in port operations and

environmental practices. This terminal, alongside our existing world class ports and terminals along the east coast

of India, will synergize APSEZ’s services and enhance customer experience. Our leadership in integrated logistics will significantly enhance HBTL’s efficiency and benefit the shipping industry.”

As per the Concession Agreement signed between

SMPK and HBTL, the Special Purpose Vehicle (SPV) formed to implement the project will get the rights to design, build, finance, operate, maintain and manage the bulk terminal with a capacity of 3.74 million tons per annum for a concession period of 30 years at Haldia Dock Complex, Haldia.

The Haldia Dock Complex houses various bulk handling facilities at Haldia under SMPK’s purview. Haldia Dock Complex caters to a large hinterland including Bengal, Bihar, Uttar Pradesh, Jharkhand, Assam, Northeastern Hill States and the landlocked neighboring country of Nepal. This terminal will handle the supply chain of raw materials located in the hinterland.