Revamp Empowers Older Private Cargo Terminals at Major Ports

28 Aug 2023 CW Team

Long-established private cargo terminals at major ports are on the cusp of a monumental change, shifting towards market-driven rates. The Ministry of Ports, Shipping, and Waterways is orchestrating this transformation to modernise the port sector while upholding concession agreements. This transition aims to balance commercial interests with regulatory obligations.

Under the guidance of a three-member panel of port chairmen led by Sanjay Sethi, Chairman of Jawaharlal Nehru Port Authority, a move is underway to potentially migrate older regulated public-private-partnership (PPP) cargo terminal operators to a market-driven pricing system. This mirrors the autonomy granted to private cargo handlers since the enactment of the Major Port Authorities Act of 2021.

The transition will preserve fundamental terms in concession agreements while enabling older cargo terminals to levy market-determined rates. Revenue share will stem from these rates, calculated based on actual traffic or minimum guaranteed throughput (MGT) as per contracts. This innovative mechanism ensures contract volumes are met and allows port authorities to benefit from market pricing.

To ensure transparency, terminals will display market rates on their websites and provide a one-month notice for rate revisions. Rates will be indexed against the Wholesale Price Index, maintaining cost sensitivity. The shift aligns both older and new terminal operators under a unified market-driven approach.

This transformation enhances the port sector's GDP contribution and fosters a competitive landscape. Global port operators like D P World , PSA International Pte , and local firms such as J M Baxi Ports & Logistics stand to gain from this shift to a free-market pricing regime. The Ministry's efforts promise equitable benefits and bolster India's port sector for a dynamic future.

Infrastructure Energy

03 Jun 2026

DIPA Adds Gruner Renewable Energy as Member

The Digital Infrastructure Providers Association (DIPA) has onboarded Gruner Renewable Energy as a new member to support the integration of green energy solutions into India’s telecom and digital infrastructure ecosystem.DIPA, India’s apex industry body for digital infrastructure providers and a key stakeholder under the National Broadband Mission 2.0 of the Department of Telecommunications, said the partnership aligns with its vision of building a zero-carbon and future-ready ecosystem.India’s telecom sector is among the country’s most energy-intensive industries, with towers, fibre n..

Central Goa Sees Real Estate Growth Momentum

MVPM’s KirtiShree Kabra Vidyalaya, a CBSE school backed by the KirtiShree Kabra Foundation, was formally inaugurated at the Laxminarayan Mandir Educational Campus in Solapur. The school will begin operations from Nursery to Grade 7 in June 2026, with phased expansion planned up to Grade 12.The campus includes modern facilities such as a Communication Lab, Science Experience Centre, STREAM Lab covering AI-ML, robotics, drone technology and AR/VR, Astronomy and ISRO Lab, podcast room, advanced classrooms, kindergarten based on a Finnish curriculum approach, sports complex, NPAV Sports Ground, ..

Central Goa Sees Real Estate Growth Momentum

Central Goa is emerging as a promising real estate growth corridor, driven by rising demand for organised residential communities and long-term lifestyle-led developments. The region, once viewed largely as functional, is gaining attention as a balanced residential and commercial destination.For years, Goa’s real estate activity was concentrated in coastal belts, especially North Goa, supported by tourism and second-home investments. However, changing buyer preferences, improved infrastructure and proximity to employment hubs have brought Central Goa into sharper focus. Its connectivity to D..