On West Bengal   > Inland Waterways

West Bengal is a riverine state with many rivers and rivulets, waterways and man made canals, being in the estuary of the mighty River Ganges. A large portion (580 km) of National Waterways I (NW1) fall within the state as it races down to Bay of Bengal. Other rivers, both perennial and seasonal add up to a total of over 3800 km, most of which is navigable.

ICICI Winfra has been deeply committed to help the state and the Inland Waterways Authority of India (IWAI) in their efforts to increase the usage of these waterways in a meaningful way for passenger and cargo movement and for tourism purposes. Towards this end, the Company has been studying all the waterways in the state and trying to understand how best to utilize them through financially viable projects. ICICI Winfra is developing a BOT project for utilization of the North Canal system in Kolkata for navigation purposes and is exploring the feasibility of starting a river cruise project on the Hoogly river. Thus it is well positioned to render advice and necessary assistance to clients who wish to understand the details of the investment opportunities in this sector in a professional manner.

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