Kolkata Port inks 21 MoUs in 36,000cr deal

19 Oct 2023 CW Team

In a groundbreaking move towards driving industrialization through port development, Syama Prasad Mookherjee Port, Kolkata, announced a monumental deal worth ?3.6 billion (Rs 36,000 crore) with various companies during the third edition of the Global Maritime India Summit 2023, held in Mumbai on Tuesday.

Rathendra Raman, Chairperson of SMP, Kolkata, played a pivotal role in this historic agreement by signing 21 Memorandums of Understanding (MoUs) with a diverse array of government agencies and private partners. These MoUs encompass vital areas such as port connectivity, capacity enhancement, and green energy projects, all of which align with the Vision 2047 initiative.

Notable agreements include a partnership with NTPC for the development of green energy and ammonia projects, as well as collaboration with GRSE for the supply of environmentally friendly marine vessels. The event also witnessed the inauguration of the first Public-Private Partnership (PPP) project for the Kolkata Dock System at SMP, named "Rejuvenation of KPD - Dock 1 (West)," by Prime Minister Narendra Modi.

This momentous development marks a significant stride towards the modernization and sustainable growth of Syama Prasad Mookherjee Port, Kolkata, underscoring its commitment to fostering economic progress and environmental sustainability in the region.

Infrastructure Urban

28 Oct 2025

GST Bachat Utsav Showcases Nationwide Relief and Growth Momentum

Union Ministers Nirmala Sitharaman, Piyush Goyal, and Ashwini Vaishnaw jointly addressed a press conference in New Delhi on the GST Bachat Utsav, underscoring the far-reaching benefits of the Next-Generation GST reforms implemented ahead of Diwali.Finance Minister Nirmala Sitharaman announced that the revised GST rates—effective from the first day of Navratri—have simplified compliance by reducing slabs from four to two and ensuring greater benefits to consumers. The Finance Ministry is closely tracking 54 essential items to confirm that the lower tax rates are being passed on fully to end..

Indian Railways Operates 12,000 Special Trains for Festive Rush

Union Minister for Railways, Information & Broadcasting, and Electronics & Information Technology, Ashwini Vaishnaw, reviewed passenger movement at the Railway Board War Room and appreciated staff for their round-the-clock efforts during the festive season. He extended Diwali greetings to railway personnel across the country.To meet the surge in travel demand during Puja, Diwali, and Chhath, Indian Railways has deployed 12,011 special trains—up from 7,724 last year—ensuring smooth and comfortable travel for passengers nationwide. Between 1 and 19 October 2025, 3,960 special..

TRAI Evaluates Mobile Network Quality Across Assam Districts

The Telecom Regulatory Authority of India (TRAI) has released its Independent Drive Test (IDT) report for the Assam Licensed Service Area, evaluating network performance across Silchar city and Hailakandi and Karimganj districts. Conducted between 18 and 22 August 2025, the tests covered 284 km of city routes, 10 hotspot locations, and 2.4 km of walk tests.The assessment, supervised by the TRAI Regional Office, Kolkata, examined real-world service quality across 2G, 3G, 4G, and 5G technologies in both urban and rural zones. Key parameters included call setup success rate, drop call rate, laten..