West Bengal govt clears two new ports

West Bengal government has given nod to the construction of two new ports in the state, one on its own at Tajpur and the second through a partnership with Dubai’s D P World at Kulpi.

The construction of Kulpi and Tajpur ports are expected to cost over Rs 6,000 crore. The projects will give exporters and importers alternate gateways to ship cargo without the problems associated with the Central government-owned Kolkata Port Trust.

Quoting a port industry consultant, a BusinessLine report said the development of these two ports will substantially hurt Haldia Dock Complex (HDC), the cash cow of Kolkata Port Trust, which is the only port in the state.

In FY18, Kolkata Port Trust handled 57.886 million tonnes (mt) of cargo of which Haldia Dock handled 40.496 mt and Kolkata Dock 17.390 mt, the report said and added that the cargo included 640,183 TEUs handled at Kolkata Dock and 156,028 TEUs handled at Haldia Dock.

Image credit :99acres.com

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