Indian Ports
There are 12 Major Ports wholly owned by the central government. These are Deendayal Port, Mumbai Port, Jawaharlal Nehru Port, Mormugao Port, New Mangalore Port, Cochin Port, V.O. Chidambaranar Port, Chennai Port, Kamarajar Port, Visakhapatnam Port, Paradip Port and Syama Prasad Mookerjee Port. Private Sector Participation has been allowed in these Major Ports on Public Private Partnership (PPP) basis for projects/berths/terminals through concession agreement for a fixed tenure by way of bidding process on revenue share/royalty payment by the concessionaire. After the concession period gets over the port asset is handed over to the Port Authority. There are 213 non-major ports managed by and under the control of respective State Maritime Board/State Government. In February, 2020, the Government has given in principle approval to develop Vadhavan Port on Landloard Model by an SPV incorporated under Companies Act, 2023 with Jawaharlal Nehru Port as lead partner without Budgetary support from Government of India.
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