MAHARASHTRA STATE

Port Development

With a view to developing, multi user port facilities capable of handling all types of cargo like, bulk and break bulk, containers, petroleum and chemicals, the State Government has decided to develop minor ports in the State.

The port policy announced by the State Government sought to develop the minor ports through private sector participation. Highlights of the Port Policy are as follows:-

• The port would be developed on Build, Own, Operate Share & Transfer basis.
  
• The concession period would be for a period of 50 years including 5 years of construction period.

All the government property in the port, taken up for development will be transferred on lease to the company entrusted with the development of the port.

The company entrusted with the development of the port will raise the capital required, develop the port, provide all services and manage the port as per the agreement with the State Government.

• The State Government’s equity participation may go up to 11% for any port and the cost of Government land which is proposed to be used for port development, may form part of the State Government equity.
  
• The State Government would appoint two directors on the Board of the company who developing the port.
  
• The investor would be exempted from payment of registration fees and stamp duty on the agreement entered into with the Maharashtra Maritime Board for port development.
  
• The Maharashtra Maritime Board will act as a Nodal Agency for acquisition of land, development of approach road and supply of water. In this regard, a co-ordination committee will be established under the chairmanship of the Chief Executive Officer, Maharashtra Maritime Board. This committee will consist of the officers from the concerned Government departments and it will be authorized to take final decisions, with a view to provide
• single window clearance facility.
  The cost of construction of roads within the port boundary shall be borne by the investor. However, the cost of construction of approach roads as well as the maintenance cost will be shared equally by the investor and the State Government.

The company would be declared as the conservator of the port.

The Government would levy only Rs.3.00 per ton for the cargo handled by the port. This tariff would be increased in 5 years but would not exceed twice the existing tariff. The company would have full freedom to fix the tariff / rates for the various services.

The company would also develop facilities required for passenger water transport and the State Government would fix the passenger tariffs.

• In accordance with this policy, as a first step, it has been decided to develop following 7 ports / sites through private sector participation.

Out of the above selected sites, " Dighi" and a new site "Rewas-Aware" has been approved by the Government to be developed on MOU basis. Accordingly, Dighi is being developed by M/s Balaji Leasing & Finance Co. and Rewas-Aware by M/s Amma Lines Ltd.

top