Major funding for WB waterways
PORTS & SHIPPING

Major funding for WB waterways

The Government of India, the West Bengal State Government and the World Bank recently inked a Rs 770 crore project called the West Bengal Inland Water Transport, Logistics and Spatial Development project, to revamp the inland water transport infrastructure in Kolkata, said the Ministry of Finance.

The project is aimed to fulfil the following purposes:

  • Facilitate passenger and freight movement across the Hooghly river.
  • Enhance the quality of life of its residents.
  • Undertake spatial planning to improve accessibility in the Kolkata metropolitan area.
  • Contribute to the growth of the state’s logistics sector.

Five of the most populous districts of southern West Bengal will be covered under the project, including the urban Kolkata Metropolitan Area (KMA), which has a population of around three crore.

The Hooghly river separates the Kolkata port from its large consumption centres: its wholesale market and its vast remote areas comprising entire north-east India and the two neighbouring countries, Nepal and Bhutan.

West Bengal’s ferries can offer a flexible and efficient mode of public transport for both passengers and freight, saving operating costs and reducing travel time as compared to road transport.

In the first phase, the project will witness Inland Water Transport System capacity and safety improvement, including rehabilitation of existing jetties, buying new ferries with enhanced design and installation of electronic gates in 40 locations.

In the second phase, it will support long-term investments for passenger movements, including in terminals and jetties, improve the design of the inland water transport vessels, ensure night navigation on the most hazardous and trafficked routes and crossing points, and encourage the private sector to invest in Ro-Ro vessels that will allow easier movement of trucks across the Hooghly river.


The Government of India, the West Bengal State Government and the World Bank recently inked a Rs 770 crore project called the West Bengal Inland Water Transport, Logistics and Spatial Development project, to revamp the inland water transport infrastructure in Kolkata, said the Ministry of Finance. The project is aimed to fulfil the following purposes: Facilitate passenger and freight movement across the Hooghly river. Enhance the quality of life of its residents. Undertake spatial planning to improve accessibility in the Kolkata metropolitan area. Contribute to the growth of the state’s logistics sector. Five of the most populous districts of southern West Bengal will be covered under the project, including the urban Kolkata Metropolitan Area (KMA), which has a population of around three crore. The Hooghly river separates the Kolkata port from its large consumption centres: its wholesale market and its vast remote areas comprising entire north-east India and the two neighbouring countries, Nepal and Bhutan. West Bengal’s ferries can offer a flexible and efficient mode of public transport for both passengers and freight, saving operating costs and reducing travel time as compared to road transport. In the first phase, the project will witness Inland Water Transport System capacity and safety improvement, including rehabilitation of existing jetties, buying new ferries with enhanced design and installation of electronic gates in 40 locations. In the second phase, it will support long-term investments for passenger movements, including in terminals and jetties, improve the design of the inland water transport vessels, ensure night navigation on the most hazardous and trafficked routes and crossing points, and encourage the private sector to invest in Ro-Ro vessels that will allow easier movement of trucks across the Hooghly river.

Next Story
Infrastructure Transport

Sonowal Unveils Eight Projects at NMPA’s Golden Jubilee

Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal, inaugurated the Curtain Raiser Ceremony of the Golden Jubilee Celebrations of the New Mangalore Port Authority (NMPA) at Bharat Mandapam. To commemorate the milestone, he unveiled eight major maritime infrastructure projects designed to strengthen India’s port network, enhance logistics performance, and promote sustainability. These include a modern cruise terminal, new covered storage facilities, a 150-bed multi-speciality hospital, expanded truck terminals, and improved port access infrastructure aimed at enhancing..

Next Story
Infrastructure Energy

India To Boost US LPG Imports, Cut Middle East Reliance

India is planning to reduce imports of liquefied petroleum gas (LPG) from the Middle East as state-owned refiners prepare to ramp up purchases from the United States, according to sources familiar with the matter. The move aligns with New Delhi’s efforts to expand energy cooperation and secure a broader trade deal with Washington. State refiners have already notified their traditional LPG suppliers in Saudi Arabia, the United Arab Emirates, Kuwait and Qatar of the potential reduction in imports. Although the exact size of the supply cut was not disclosed, earlier reports suggested that Indi..

Next Story
Infrastructure Energy

UK Sanctions Nayara Energy in Crackdown on Russian Oil

The United Kingdom has announced fresh sanctions on 90 entities, including Indian refiner Nayara Energy Limited, in its latest bid to curb Russian oil revenues and weaken President Vladimir Putin’s war funding. The sanctions, unveiled jointly by the Foreign, Commonwealth and Development Office (FCDO) and the UK Treasury, aim to disrupt networks supporting Moscow’s crude exports amid the ongoing war in Ukraine. According to the FCDO, the new restrictions are intended to “strike at the heart of Putin’s war funding” by targeting firms and assets that enable Russia’s energy trade. “..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?