Independent journal on economy and transport policy
08:28 GMT+2
New norms to restrict bidding at PPP port projects
(Business Standard)
October 26, 2009
Sharmistha Mukherjee
Business Standard
The Ministry of Shipping is revising the policy guidelines for awarding projects on the public-private partnership (PPP) basis for expanding capacities at major ports across the country.
According to the new regulations, the successful bidder of a project at a particular port would be barred from bidding for the subsequent project at the same port.
“We are revising the guidelines to prevent domination of a single private operator at a port. No changes are being made in the model concession agreement (MCA). We will issue the revised guidelines as policy directives to the major port trusts in the country,” said a senior official in the ministry ...... Read more on Business Standard
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