Tuesday, 25 July 2017

PPP Projects at Mormugao Port Trust

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.


This information was given by Minister of State for Shipping and Road Transport & Highways, and Chemical & Fertilizers Shri Mansukh L. Mandaviya in a written reply to a question in the Rajya Sabha today (July 24, 2017).


Courtesy: pib.nic.in

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