Shipping ministry decided to exempt the regulation of the fixation of tariffs by the Tamp (Tariff Authority for Major Ports) for new port projects. However, the decision to abolish the tariff setting regulator's oversight is "in principle", the ministry said. The move would enable private players to take deci
Tag: Tariff
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Court to hear case against TAMP tariff norms
The Delhi High court would soon hear a petition field by the Indian Private Ports and Terminals Association on the tariff guidelines issued by Tariff Authority for Major Ports (TAMP). The association complains that the guidelines of TAMP do not cover all recurring costs and place a cap on rate of return. The tariff, fixed by TAMP on a cost-plus basi
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Hapag-Lloyd proposes to raise shipping charges
From February 1, the shipping rates for containers from the Indian subcontinent would be raised by Hapag-Lloyd. The liner considers to raise the rate by $250 per Twenty Foot Equivalent Unit (TEU) for transporting boxes from the Indian subcontinent - India, Pakistan, Bangladesh and S
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New charges offset concessions for vessels
According to industry sources, the levy of Indian Light House charged by the Kochi Customs’ may offset some concessions now being offered by the port management to attract more vessels. Recently, Kochi Customs decided to collect Indian Light House dues for on-deck cargo on all vessels calling at the port effectively nullified the tariff reduction measure of the port
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Federation seeks changes in tariff regulatory system
The All India Port and Dock Workers’ Federation urged the government either to bring all ports including minor ports under the purview of Tariff Authority for Major Ports (TAMP) or permit major ports to work independently by scrapping the authority.SR Kulkarni, President of the federation pointed out that even though the handling charges are regulated by the TAMP, the minor ports do not fall under its
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Sterlite bags Rs 29-bn transmission project
Sterlite Transmission Projects has won the Rs 2,900-crore power transmission project, by far the biggest one to be awarded through the competitive bidding route in the country.
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Pipeline transport offers lower cost and higher capacities
The initiatives in the nation’s new bid to use gas as a more environmentally acceptable alternative to oil is influencing piping contractors.
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Tariff-based competitive bidding on
The mandatory competitive tariff-based bidding for thermal power plants and transmission systems from 5 January, has brought a major change in power sector.