Syama Prasad Mookerjee Port handles record 66.4 MMT cargo in FY'24 Representative Image
News Updates

Syama Prasad Mookerjee Port handles record 66.4 MMT cargo in FY'24

Syama Prasad Mookerjee Port (Kolkata Port) has handled its record cargo of 66.4 million metric tonne (MMT) in FY'24

PTI

New Delhi: Syama Prasad Mookerjee Port, Kolkata (Kolkata Port) has handled its all-time record cargo of 66.4 million metric tonne (MMT) in FY'24. It's Chairman Rathendra Raman attributed this to a series of strategic initiatives implemented by the port to enhance productivity, safety measures, business development, and overall capacity utilization.

PSU Watch is now on Whatsapp Channels. Click here to join

"In its 154-year history, Syama Prasad Mookerjee Port, Kolkata (SMP Kolkata) including Kolkata Dock System (KDS) and Haldia Dock Complex (HDC), achieved a milestone in 2023-24 by handling 66.4 MMT of cargo, marking a 1.11 percent increase from the previous record of 65.66 MMT moved in 2022-23," an official statement said.

HDC handled 49.54 MMT in FY'24, marking its highest cargo volume ever and surpassing the previous record of 48.608 MMT in FY'23. KDS managed 16.856 MMT of cargo in 2023-24 compared to 17.052 MMT in FY 2022-23.

The port achieved a net surplus of Rs 501.73 crore, marking 65 percent growth over the previous year's net surplus of Rs 304.07 crore. To augment capacity of the port, the statement said SMP Kolkata is stressing on PPP projects in a big way.

SMP Kolkata comes under Ministry of Ports, Shipping and Waterways.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Keel laying of first fleet support ship for Indian Navy held at HSL

SECI issues showcause notices to Reliance Power, its arm over fake bank guarantees

COP29: India demands USD 1.3 trn for developing countries, says NCQG can't be 'investment goal'

Nepal to export 40 MW of electricity to Bangladesh via India on Nov 15

IREDA CSR: MNRE Minister flags off 10 battery-operated vehicles at Jagannath Temple in Puri