Kolkata inks Kukrahati LNG Terminal deal
Kolkata: The Syama Prasad Mookerjee Port (SMP), Kolkata, signed an MoU with the Hirnandani Group of Companies on Monday for a jetty-based LNG Terminal along the River Hooghly at Kukrahati in East Midnapore. The storage and re-gasification terminal will have a capacity of 5 MMTPA.
SMP is considering this development as a part of the 2nd Maritime India Summit (MIS) that is going to be held virtually from March 2-4. Being organised by the Ministry of Ports, Shipping and Waterways, the Summit will be inaugurated by Prime Minister Narendra Modi.
“As a part of MIS-2021, the MoU was signed between Vinit Kumar, chairman, SMP, Kolkata and Darshan Hirnandani, CEO, Bengal Concession, a subsidiary of Hirnandani Group of Companies. The total project cost is about Rs 3,900 crore with an economic value of about Rs 6,000 crore. It is expected to provide about 250 direct jobs and another 750 indirect ones,” a senior SMP official said.
While environmental clearance had already been obtained for the project, SMP has granted the NOC with mutually agreed terms and conditions. The project is coming up on about 38 acres of land acquired from the Haldia Development Authority (HDA). However the waterfront area comes under the jurisdiction of SMP, Kolkata.
