₹260 Crore Project to Strengthen LNG Infrastructure and Support Clean Energy Transition. Pictures BS News Agency /PIB.
Sanchita Chatterjee, BS News Agency: In a significant step towards strengthening LNG infrastructure in eastern India, Syama Prasad Mookerjee Port, Kolkata (SMP), Kolkata signed a License Agreement with M/s East Horizon Pvt. Limited on 06 March 2026 for the establishment of a Floating Storage and Regasification Unit (FSRU) at Haldia Dock Complex (HDC).
The project, entailing an investment of approximately ₹260 Crores, is expected to enhance the port’s capability in handling Liquefied Natural Gas (LNG) and facilitate the development of cleaner energy infrastructure in the region.
The proposed FSRU facility will enable import, storage and regasification of LNG, thereby strengthening the national gas supply chain and supporting the Government of India’s vision of increasing the share of natural gas in the country’s energy mix. The initiative also aligns with the broader objective of promoting port-led industrialisation and economic development in the region.
Speaking on the occasion, Shri Rathendra Raman, Chairman, SMP, Kolkata, stated that the establishment of the FSRU at Haldia Dock Complex marks an important step towards enhancing LNG infrastructure in the eastern India. The project will facilitate greater adoption of cleaner fuels, strengthen energy security and further reinforce SMP, Kolkata's role in supporting sustainable industrial growth in the region.
SMP, Kolkata remains committed to supporting national initiatives towards clean and green energy while promoting sustainable port-led development.