The Indian Private Ports and
Terminals Association (IPPTA) had its 61st meeting of the Managing
Committee held on 10-02-2025.
Speaking on the occasion, Mr
Devki Nandan, President- IPPTA and Chairman of Indian Maritime Centre, stated
that “We would like to congratulate Government for bringing lot of Policy
reforms to build world class Maritime Infrastructure in India. However, resolution
of many important issues in respect of old PPP concessionaires is pending, as
whatever changes have been brought out in the Model Concession Agreement are
applicable only to the new concessionaires. There has been a constant demand
from IPPTA members for existing concessionaires to migrate to market-based tariff,
which is still pending for long, and Industry is requesting Ministry of Ports,
Shipping & Waterways to bring an early resolution of the same.
Emphasising the need for a
pro-active approach in resolving the issues, Mr Devki Nandan further stated
that “PPP projects are backbone of development of our Industry, and the stress
points need to be addressed with promptness. The proposed Maritime Development
Fund should be made applicable to all infrastructure projects in maritime
sector. Issues like inter and intra port competition, absence of level playing
field between existing and new concessionaires, speedy settlement of disputes,
resolution of inter-ministerial issues, removal of snags in the Model
Concession Agreements etc need prompt attention. This will boost investments by
the private sector to build world class port infrastructure in our country as
envisaged in the Maritime India Vision:2030”.
Mr Devki Nandan further
added that “to the credit of the Government, the present mechanism of the
Conciliation and Settlement Committee (CSC) has made good progress in resolving
disputes and should be encouraged further. Many PPP disputes are taken up by
parties through complex court procedures and arbitration processes, whereas
most of these disputes can be resolved by mutual discussions, saving in
resources and time for the business. CSC is providing a platform, environment,
and expertise for such mutual discussions between the parties, and furthering
conciliation process to settle the dispute amicably”.
Capt Ravinder Johal, Vice
President of IPPTA added that “IPPTA is working with the Government to
liberalize policies for all the PPP concessionaires, existing and new, from
time to time. This will boost foreign investor confidence and attract further
investments into the industry.”
Mr Senthil Kumar, Treasurer
of IPPTA voiced concerns on lack of proper operating procedures in dealing with
GST matters as varying interpretations and multiple jurisdictions are causing
undue harassment to the taxpayers. There is a need to streamline procedures
while levying and collecting GST.
Further he added that “the
GSTAT has to be formed on priority. At present, after the first appeal to
department officers, the taxpayer is forced to go to the High Courts which are
already heavily loaded with litigation. The taxpayers are deprived of the
services of fact-finding authority like the Tribunal before going to High
Court. Taxpayers request steps for early formation of GSTAT to mitigate their
problems who are unnecessarily drawn into litigation for fact finding exercise.
This is very much essential for a good tax administration to implement the
policy of the Government of ease of doing business in letter and spirit and to
prevent any disruption in the operations at PPP Terminals.”
Mr Sunay Mukerjee, COO of
Gateway Terminals India stated that “it is necessary to foster stronger
communication and collaboration between government bodies and private sector
stakeholders. This will ensure that PPPs align with broader national economic
strategies, such as boosting trade, supporting regional development, and
advancing sustainability in critical infrastructure sectors like logistics”.
IPPTA is an Association of
private ports and PPP Operators in the country. Prominent international and
national players like JSW Infrastructure Ltd, APM Terminals, DP World, Port of
Singapore Authority, JM Baxi, Vedanta, Gammon, IMC, TMILL, Bothras, DBGT are
its members.