The Shipping Ministry has engaged The Energy and Resources Institute (TERI) to anÂalyse the port-wise 'cost plus' method of tariff fixation as envisaged in the Tariff Guidelines of 2005. The Ministry has also asked TERI to explore the possibilities of introducing efficiency-linked tariff scheme; to suggest periodicity of review of tariffs and norms and to furnish Draft Guidelines to implement the recommended model. According to industry sources,
the exercise could also be a preÂlude to the formation of the Ports Authority.
TERI has also been asked to develop a formulae to determine standard capacity of diffÂerent facilities (both sea and landward) at a port/terminal and suggest the standards for different variables to be consiÂdered in computation of the standard capacity. In this regard, the methodology prescÂribed in the upfront tariff guiÂdelines of 2008 may be taken note of. A committee of government officials and industry representatives had suggested last September that an external agency should look into the tariff revision.