The Board of Port Authority, formed under the Major Ports Authorities Bill, 2020, will now fix tariffs for major ports. Accordingly, the tariff rate will act as a reference during bidding for PPP projects. However, PPP operators are free to fix tariffs, based on market conditions. Further, the Board of Port Authority has been empowered to enter into contracts, undertake planning and development, and tariff except in the matter of national interest, security and emergency.
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