Govt's new PPP port guidelines link tariffs to market-determined rates

The move will provide level playing field to PPP concessionaires at major ports and help them compete with private ports

Union Ports, Shipping & Waterways Minister Sarbananda Sonowal on Wednesday announced Tariff Guidelines, 2021, for public-private partnership (PPP) projects at major ports. The new guidelines allow concessionaires at major ports to set tariffs in line with market dynamics.
 
At present, major ports’ PPP concessionaires handle around 50 per cent of the total traffic handled by all major ports in the country. “The biggest benefit of transition to market-linked tariff is that a level playing field will be provided to PPP concessionaires at major ports to compete with private ports,” the Ministry of Ports, Shipping and Waterways said in a