Published 19:27 IST, April 5th 2024

Syama Prasad Mookerjee Port, Kolkata Sets Record in Cargo Handling for FY24

The port's robust financial performance in FY 2023-24 was highlighted by a net surplus of Rs. 501.73 crores.

Reported by: Business Desk
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Adani Ports | Image: Adani Ports
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Record cargo handling: Syama Pras Mookerjee Port, Kolkata (SMP Kolkata), including its Kolkata Dock System (KDS) and Haldia Dock Complex (HDC), achieved a remarkable feat in fiscal year 2023-24 by handling 66.4 Million Metric Tonnes (MMT) of Cargo, marking a 1.11 per cent increase from previous year's record. 

Chairman Shri Randra Raman credited port's unprecedented throughput to a series of strategic initiatives aimed at enhancing productivity, safety measures, and overall capacity utilization. Highlighting HDC's significant contribution, Shri Raman noted that complex handled 49.54 MMT in FY 2023-24, marking its highest cargo volume ever since its inception, while KDS managed 16.856 MMT of cargo.

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port's robust financial performance in FY 2023-24 was highlighted by a net surplus of Rs. 501.73 crores, a substantial 65 per cent growth over previous year. To furr augment its capacity, SMP Kolkata is focusing on Public-Private Partnership (PPP) projects, with two projects alrey awarded and three more expected to reach award stage by 2024-25.

Significant projects awarded and completed during fiscal year include development of drainage networks, procurement of equipment, and implementation of energy-efficient solutions. ditionally, both HDC and KDS witnessed growth in various cargo categories, furr solidifying port's position as a crucial tre hub in region.

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achievements of Syama Pras Mookerjee Port, Kolkata, in cargo handling, financial performance, and infrastructure development underscore its commitment to facilitating tre and fostering economic growth in region. As it continues to implement strategic initiatives and pursue PPP projects, port is poised for furr expansion and success in coming years.

 

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19:27 IST, April 5th 2024