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PPP Projects at Mormugao Port Trust

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Capital Market
The Mormugao Port Trust has two PPP projects under operation. These are (i) Multipurpose General Cargo Berth at Berth No. 5 & 6 operated by South West Port Ltd. and (ii) Coal Handling Terminal at Berth No. 7 operated by Adani Mormugao Port Terminal Pvt. Ltd. The outlay of each project is as follows:

S.No

Project

Project Cost

(i)

Multipurpose General Cargo Berth at Berth No. 5 & 6

Rs. 245 Cr.

(ii)

Coal Handling Terminal at Berth No. 7

Rs. 406 Cr.

The nature of agreement and main clauses under the PPP

S.No.

Project

Nature of Agreement

Main Clause

(i)

 

Multipurpose General Cargo Berth at Berth No. 5 & 6

License Agreement

i. Minimum Guarantee Throughput (MGT) of 5 MMTPA effective from 66th month onwards from the date of handing over of the Licensed Premises.
ii. Revenue share of 18% on gross revenue.

(ii)

Coal Handling Terminal at Berth No. 7

Concession Agreement

i. MGT fixed for the concessionaire is as under:
Year 1 0.8 MMTPA
Year 2 1.1 MMTPA
Year 3 1.4 MMTPA
Year 4 1.7 MMTPA
Year 5 2.0 MMTPA
onwards
ii. Revenue share of 20% on gross revenue.

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First Published: Jul 24 2017 | 5:05 PM IST

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