Prevent rival private ports from bidding for major terminals

A committee of the Union Ministry of Shipping has recommended that there is a need to have a policy that prevents competing private ports from bidding for operating terminals in major ports under the PPP policy.

Such a policy will promote inter-port competition and also prevent private ports from diverting high-value cargo from major ports by operating a terminal within the major port under the Union Government’s jurisdiction.

Under the PPP policy, the terminal operator in a major port is required to meet a minimum throughput an annum and shell out certain share of revenues to the port trust.

Private ports located within a 100-km radius of a major port should not be allowed to bid for operating a terminal of that major port in order to improve functioning of major ports.


Source : ProjectsToday

Printer-Friendly Version E-mail This Article

Loading...