Indian-GRAPEVINE-Logo
  • Home
  • Politics
    Indian-GRAPEVINE--dr-jitendra-singh-launches-curtain-raiser-of-emerging-science-technology--innovation-conclave-estic

    Dr. Jitendra Singh launches Curtain Raiser of Emerging Science, Technology & Innovation Conclave (ESTIC-2025)

    Indian-GRAPEVINE--narendra-modi-to-inaugurate-asias-premier-telecom--tech-event-imc-2025

    Narendra Modi to inaugurate Asia’s Premier Telecom & Tech Event IMC 2025

    Indian-GRAPEVINE-shivraj-singh-chouhan-visits-vidisha-parliamentary-constituency

    Shivraj Singh Chouhan visits Vidisha parliamentary constituency

    Indian-GRAPEVINE-president-of-india-presents-my-bharat---national-service-scheme-awards

    PRESIDENT OF INDIA PRESENTS MY BHARAT - NATIONAL SERVICE SCHEME AWARDS

    Indian-GRAPEVINE-j-p-nadda-presides-over-3rd-foundation-day-event-of-aiims-bilaspur-himachal-pradesh

    J P Nadda Presides over 3rd Foundation Day Event of AIIMS Bilaspur, Himachal Pradesh

  • Bureaucracy
    Indian-GRAPEVINE-union-minister-shri-bhupender-yadav-flags-off-recs-571-crore-mobile-medical-units-to-boost-rural-hea

    Union Minister Shri Bhupender Yadav Flags Off REC’s ₹5.71 Crore Mobile Medical Units to Boost Rural Healthcare in Rajasthan

    Indian-GRAPEVINE-shri-t-s-c-bosh-assumes-charge-as-director-projects-rec-limited

    Shri T S C Bosh assumes charge as Director (Projects), REC Limited

    Indian-GRAPEVINE-manoj-kumar-gupta-appointed-as-ceeinspection-blw

    Manoj Kumar Gupta appointed as CEE/Inspection, BLW

    Indian-GRAPEVINE-gv-mallikarjuna-rao-appointed-as-pcee-swr

    GV Mallikarjuna Rao appointed as PCEE, SWR

    Indian-GRAPEVINE-m-ramakrishna-appointed-as-pcso-south-western-railway

    M Ramakrishna appointed as PCSO, South Western Railway

  • Corporate
    Indian-GRAPEVINE-rupee-rises-5-paise-against-us-dollar

    Rupee rises 5 paise against US dollar

    Indian-GRAPEVINE-rbi-proposes-revised-framework-for-lending-to-related-parties

    RBI proposes revised framework for lending to related parties

    Indian-GRAPEVINE-nhpc-to-commission-8572-mw-solar-capacity-at-bikaner-project-by-oct-end

    NHPC to commission 85.72 MW solar capacity at Bikaner project by Oct-end

    Indian-GRAPEVINE-sebi-levies-rs-25-lakh-fine-on-2-individuals-for-insider-trading-violation

    Sebi levies Rs 25 lakh fine on 2 individuals for insider trading violation

    Indian-GRAPEVINE-patnaik-lauds-odisha-becoming-3rd-highest-revenue-surplus-state-in-2022-23

    Patnaik lauds Odisha becoming 3rd highest revenue surplus state in 2022-23

  • International
    Indian-GRAPEVINE-russian-president-putin-to-visit-india-by-year-end-kremlin

    Russian President Putin to visit India by year-end: Kremlin

    Indian-GRAPEVINE-nepal-president-paudel-celebrates-mahanavmi

    Nepal President Paudel celebrates Mahanavmi

    Indian-GRAPEVINE-chinese-communist-party-appoints-veteran-diplomat-to-head-its-international-department

    Chinese Communist Party appoints veteran diplomat to head its International Department

    Indian-GRAPEVINE-trump-imposes-100-per-cent-tariff-on-movies-made-outside-us

    Trump imposes 100 per cent tariff on movies made outside US

    Indian-GRAPEVINE-world-requires-global-workforce-cant-escape-this-reality-eam-jaishankar

    World requires global workforce, can't escape this reality: EAM Jaishankar

  • Interview
    Indian-GRAPEVINE-interview-with-chairman-vpa-dr-madhaiyaan-angamuthu-ias

    Interview with Chairman VPA Dr. Madhaiyaan Angamuthu, IAS.

    Indian-GRAPEVINE-exclusive-interview-with-shri-unmesh-sharad-wagh-irs--chairman-jnpa

    Exclusive Interview with Shri Unmesh Sharad Wagh, IRS Chairman, JNPA

    Indian-GRAPEVINE-exclusive-interview-with-shri-sanjay-sethi-ias-chairman-jnpt

    Exclusive Interview with Shri Sanjay Sethi, IAS, Chairman, JNPT

  • Contact Us
    Indian-GRAPEVINE-Logo
  • Home
  • Politics
  • Bureaucracy
  • Corporate
  • International
  • Interview
  • Contact Us
Bureaucracy

Settlement Between JNPA and NSICT finalised: Boost to PPP in the Port Sector

Indian-GRAPEVINE-settlement-between-jnpa-and-nsict-finalised-boost-to-ppp-in-the-port-sector

Published 07 Apr, 2025

By Staff Reporter


The Jawaharlal Nehru Port Authority (JNPA)—recognized as India’s Best Performing Port—has finalised a tariff settlement with NSIC, part of DP World (DPW), an UAE Government company. NSICT operates a container terminal in JNPA.

Background

JNPA and UAE government owned port and terminal operator DPW have finalised the conciliation agreement, the broad contours of which the board had earlier approved. With this a long-standing issue for the past many years involving lengthy legal battles has been resolved amicably to the satisfaction of both parties. This will also be a positive signal to PPP in the port sector. The details of the settlement are being worked out. Broadly this will involve additional cargo commitment by NSICT which will enable them to become eligible for volume discounts which will kick in once the volumes touch certain levels. Given that the volumes had gone down to more than half of what they were prior to the tariff dispute this is expected to result in substantial increase in cargo volumes. The claims of the operator will be partly recovered by them over the remaining period of the concession through the discounts that they obtain against the enhanced traffic. In 1997, JNPA awarded a terminal concession to DP World. NSICT, DP World's Special Purpose Vehicle (SPV), entered into a 30-year concession agreement with JNPA. This marked the first such Public-Private Partnership (PPP) agreement in India's port sector. The dispute arose in 2005 when full royalty as a cost was disallowed, leading NSICT to file claims totalling approximately Rs 2653 Crore against JNPA. Following arbitration proceedings and conciliation process a compromise formula was agreed. The settlement determined Rs. 705 Cr as amount adjustable through future volume-based royalty discounts until the remaining period of the concession. This settlement structure protects JNPA's revenue while requiring NSICT to increase future volumes to claim volume- based discounts, making it a win-win solution for both parties. This is expected to significantly boost traffic at JNPA, generating higher revenues to the port from vessel-related charges, berth hire, and royalties. This settlement provides substantial benefits to the port, resolves a long-standing dispute and sends a positive signal regarding the robustness and success of the PPP model in India.



YOU MAY LIKE
Indian-GRAPEVINE-union-minister-shri-bhupender-yadav-flags-off-recs-571-crore-mobile-medical-units-to-boost-rural-hea
Bureaucracy / 07 Oct, 2025
Union Minister Shri Bhupender Yadav Flags Off REC’s ₹5.71 Crore Mobile Medical Units to Boost Rural Healthcare in Rajasthan
Indian-GRAPEVINE-shri-t-s-c-bosh-assumes-charge-as-director-projects-rec-limited
Bureaucracy / 04 Oct, 2025
Shri T S C Bosh assumes charge as Director (Projects), REC Limited
Indian-GRAPEVINE-manoj-kumar-gupta-appointed-as-ceeinspection-blw
Bureaucracy / 03 Oct, 2025
Manoj Kumar Gupta appointed as CEE/Inspection, BLW
Indian-GRAPEVINE-gv-mallikarjuna-rao-appointed-as-pcee-swr
Bureaucracy / 03 Oct, 2025
GV Mallikarjuna Rao appointed as PCEE, SWR
Indian-GRAPEVINE-m-ramakrishna-appointed-as-pcso-south-western-railway
Bureaucracy / 03 Oct, 2025
M Ramakrishna appointed as PCSO, South Western Railway
Indian-GRAPEVINE-dr-uk-perumal-appointed-as-pcmd-southern-railway
Bureaucracy / 03 Oct, 2025
Dr. UK Perumal appointed as PCMD, Southern Railway
  • Top News
  • Latest News
  • Most Popular
Indian-GRAPEVINE-ms-radhika-jha-designated-as-joint-secretary-women--child-development
Bureaucracy / 15 Sep, 2025
Ms Radhika Jha designated as Joint Secretary, Women & Child Development
Indian-GRAPEVINE-mansoor-hasan-khan-designated-as-joint-secretary-youth-affairs
Bureaucracy / 15 Sep, 2025
Mansoor Hasan Khan designated as Joint Secretary, Youth Affairs
Indian-GRAPEVINE-46-officers-elevated-as-pcit-in-irs-i-t
Bureaucracy / 15 Sep, 2025
46 officers elevated as PCIT in IRS I-T
Indian-GRAPEVINE-jawahar-lal-designated-as-cvo-mmtc
Bureaucracy / 15 Sep, 2025
Jawahar Lal designated as CVO, MMTC
Indian-GRAPEVINE-upgraded-posting-of-amitesh-kumar-singh-to-additional-secretary-level-prolonged
Bureaucracy / 13 Aug, 2025
Upgraded posting of Amitesh Kumar Singh to Additional Secretary level prolonged
Indian-GRAPEVINE-six-ias-officers-shifted-in-hp
Bureaucracy / 12 Aug, 2025
Six IAS officers shifted in HP
View All
Indian-GRAPEVINE-sumit-sharan-empanelled-as-adg-in-goi
Bureaucracy / 16 Jun, 2025
Sumit Sharan empanelled as ADG in GoI
Indian-GRAPEVINE-saurabh-tripathi-empanelled-as-adg-in-goi
Bureaucracy / 16 Jun, 2025
Saurabh Tripathi empanelled as ADG in GoI
Indian-GRAPEVINE-sanjay-kumar-gunjyal-empanelled-as-adg-in-goi
Bureaucracy / 16 Jun, 2025
Sanjay Kumar Gunjyal empanelled as ADG in GoI
Indian-GRAPEVINE-neelesh-kumar-empanelled-as-adg-in-goi
Bureaucracy / 16 Jun, 2025
Neelesh Kumar empanelled as ADG in GoI
Indian-GRAPEVINE-raghubir-lal-empanelled-as-adg-in-goi
Bureaucracy / 16 Jun, 2025
Raghubir Lal empanelled as ADG in GoI
Indian-GRAPEVINE-ashok-tiwari-is-also--dgp-himachal-pradesh
Bureaucracy / 02 Jun, 2025
Ashok Tiwari is also DGP, Himachal Pradesh
View All
Indian-GRAPEVINE-vijay-kumar-empanelled-as-adg-in-goi
Bureaucracy / 16 Jun, 2025
Vijay Kumar empanelled as ADG in GoI
Indian-GRAPEVINE-abhin-dinesh-modak-empanelled-as-adg-in-goi
Bureaucracy / 16 Jun, 2025
Abhin Dinesh Modak empanelled as ADG in GoI
Indian-GRAPEVINE-ayush-mani-tripathi-empanelled-as-adg-in-goi
Bureaucracy / 16 Jun, 2025
Ayush Mani Tripathi empanelled as ADG in GoI
Indian-GRAPEVINE-maheshwar-dayal-empanelled-as-adg-in-goi
Bureaucracy / 16 Jun, 2025
Maheshwar Dayal empanelled as ADG in GoI
Indian-GRAPEVINE-abhijit-sinha-appointed-as-additional-secretary-mha
Bureaucracy / 19 Apr, 2025
Abhijit Sinha appointed as Additional Secretary, MHA
Indian-GRAPEVINE-n-saravana-kumar-appointed-as-vice-chairman-dda
Bureaucracy / 19 Apr, 2025
N Saravana Kumar appointed as Vice Chairman, DDA
View All

SUBSCRIBE

Website Hits: 361435762

Indian-GRAPEVINE-Logo

Copyright © 2017 Indian Grapevine a unit of Integrated Media Enterprises