IHCL Signs MoU for Redevelopment of Historic Chotelal Ki Ghat in Kolkata

IHCL Signs MoU for Redevelopment of Historic Chotelal Ki Ghat in Kolkata

By Manu Vardhan Kannan

Published on August 22, 2025

Indian Hotels Company (IHCL), India’s largest hospitality company, has signed a Memorandum of Understanding (MoU) with Syama Prasad Mookerjee Port, Kolkata, for the redevelopment of the historic Chotelal Ki Ghat on the Hooghly Riverfront. Built in the 1870s, the site carries deep cultural and historical importance for the people of West Bengal. The initiative is supported by INTACH (Indian National Trust for Art and Cultural Heritage) and aligns with the Government of India’s Namami Gange Program and Swachhata Initiatives.

IHCL will invest up to ₹5 crores in the project over three years as part of its CSR efforts. The redevelopment will focus on restoration and conservation of the Grade I Heritage site, beautification, landscaping, and enhancing its functional value. This will also provide opportunities for local artists in wall and boat painting, while benefiting stall vendors, residents, tourists, and the wider community.

Mr. Gaurav Pokhariyal, Executive Vice President, Human Resources, IHCL, said, “IHCL, in line with its ESG+ framework of Paathya, is committed to preserving India’s cultural heritage while driving meaningful social and environmental impact. Chotelal ki Ghat holds deep historical and cultural significance for the people of West Bengal. The project aims to restore and conserve the ghat, enhancing its aesthetic and functional value while strengthening the community’s bond with the river.”

Shri Rathendra Raman, Chairman, Syama Prasad Mookerjee Port, Kolkata, said, “This MoU with IHCL marks a significant step towards heritage-led development. With an investment of nearly ₹5 crore under CSR, staggered over three years, the renovation of the historic Chotelal ki Ghat will not only restore its cultural essence but also enhance its appeal as a public and tourist destination. This partnership reflects our shared vision of sustainable infrastructure, community benefit, and preserving Kolkata’s iconic riverfront for generations to come.”

This collaboration highlights IHCL’s ESG+ Paathya framework, which integrates environmental stewardship, social responsibility, governance, heritage preservation, value-chain transformation, and sustainable growth. Through this initiative, the company continues to combine heritage conservation with community development, ensuring a balance of cultural legacy and modern relevance.


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