India, Oct. 17 -- The Inland Waterways Authority of India (IWAI) under the Ministry of Ports, Shipping and Waterways has successfully handed over the Haldia Multi-Modal Terminal (MMT) to IRC Natural Resources, marking a key milestone in the Government of India's push to enhance inland waterway infrastructure and promote multimodal logistics through Public Private Partnership (PPP).

Built by IWAI with the financial and technical assistance of the World Bank, the Haldia MMT in West Bengal has a capacity of 3.08 million metric tonnes per annum (MMTPA). The terminal was inaugurated by Prime Minister Shri Narendra Modi on January 13, 2023. Strategically located and connected to National Highway 41, the terminal is also slated to receive rail co...