Home India Tariff Authority for Major Ports The Traiff Authority for Major Ports hereby extends the vali...
Date: 2015-02-10 Category: Extra Ordinary State: Union Government Country: India

The Traiff Authority for Major Ports hereby extends the validity of the existing Scale of Rates of the Kandla Port Trust as in the Order appended hereto.

Issued by Tariff Authority for Major Ports · NOT available

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Executive Summary & Key Takeaways

**Executive Summary:** This notification from the Tariff Authority for Major Ports extends the validity of the existing Scale of Rates (SOR) for the Kandla Port Trust (KPT). This extension is granted until March 31, 2015, or until the implementation of revised rates, whichever occurs first. The decision follows a request from KPT and pending the finalization of a revised rate proposal. Any surplus revenue exceeding permissible limits after April 1, 2013, will be adjusted in future tariffs. **Key Points / Main Content:** * **Extension of Scale of Rates Validity:** * The existing Scale of Rates (SOR) of the Kandla Port Trust (KPT) is extended. * The extension is effective from the expiry date of the previous extension (December 31, 2014). * The validity is extended until March 31, 2015, or the implementation date of revised rates, whichever is earlier. * **Background and Context:** * KPT had previously submitted a proposal for SOR revision, registered in January 2013. * A revised proposal was submitted on September 2, 2014, and is under internal review, including stakeholder consultation. * The previous extension of the existing SOR was valid until December 31, 2014. * **Financial Considerations:** * Any surplus exceeding admissible costs and permissible returns after April 1, 2013, will be adjusted in future tariff determinations. * **Authority:** * The Tariff Authority for Major Ports issued the notification under Sections 48, 49, and 50 of the Major Port Trusts Act, 1963. **Impact Analysis** **Kandla Port Trust (KPT):** * *Impact:* KPT can continue operating under the existing SOR until revised rates are implemented or until March 31, 2015. * *Action Required:* KPT should cooperate with the Tariff Authority in finalizing the revised SOR proposal. **Port Users/Stakeholders:** * *Impact:* Port users will continue to be charged based on the existing SOR for a limited time. * *Action Required:* Stakeholders should monitor the progress of the revised SOR proposal and prepare for potential rate adjustments. **Tariff Authority for Major Ports:** * *Impact:* Responsible for overseeing the tariff structure and ensuring compliance with regulations. * *Action Required:* Expedite the review and finalization of the revised SOR proposal from KPT.

Key Entities Referenced

Tariff Authority for Major Ports: An authority responsible for regulating tariffs at major ports in India. It issued the notification. Major Port Trusts Act, 1963: An Indian legislation that governs the major port trusts in India, providing the legal framework for their operation and management. Kandla Port Trust: A port trust (KPT) that operates the Kandla Port, now known as Deendayal Port, in Gujarat, India. The notification concerns the extension of its existing Scale of Rates (SOR). New Delhi: The capital of India, mentioned as the place of publication of the Gazette of India. Mumbai: A city in Maharashtra, India, mentioned as the place where the Tariff Authority for Major Ports issued the notification. Scale of Rates: A schedule of charges for services provided by the Kandla Port Trust. The notification deals with extending the validity of the existing Scale of Rates. T.S. Balasubramanian: Member Finance of Tariff Authority for Major Ports Chandra Bhan Singh: Member Economic of Tariff Authority for Major Ports
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TARIFF AUTHORITY FOR MAJOR PORTS Case No. TAMP/61/2009-KPT The Kandla Port Trust --- Applicant QUORUM (i) Shri T.S. Balasubramanian, Member (Finance) (ii) Shri. Chandra Bhan Singh, Member (Economic) ORDER (Passed on this 2nd day of January 2015) This order relates to the extension of the validity of the existing Scale of Rates of the Kandla Port Trust (KPT)` 2. The existing Scale of Rates (SOR) of the KPT was last approved by this Authority vide Order No. TAMP/61/2009- KPT dates 18 January 2011 which was notified in the Gazette of India on 22 February 2011. The Order prescribed the validity of the SOR till 31 March 2013. This Authority has extended the validity of SOR of KPT on couple of occasions; the last extension being till 31 December 2014 vide Order dated 30 September 2014. 3.1. The KPT had earlier filed a proposal for revision of its SOR Vide its proposal dated 3 January 2013 which was registered as tariff case in January 2013 and taken on consultation with relevant stakeholders. This Authority, vide its Order No. TAMP/73/2012-KPT dated 4 July 2014, had decided to close the case for want of revised proposal from the KPT and had also advised the KPT to file fresh proposal for general revision of its SOR based on 2013-14 actuals latest by 31 August 2014 which was to be treated afresh. 3.2. The KPT has filed its revised proposal dated 2 September 2014 which was taken on consultation with relevant stakeholders for their comments. The proposal is being intennally scrutinized. Joint hearing as part of the consultation process will also have to be set up. 4.1. In the meantime, the extended validity of the existing SOR of KPT expired on 31 December 2014. The KPT vide its letter dated 24 December 2014 has requested this Authority to extend the validity of the existing SOR till the rates are revised by this Authority.¹Hkkx IIIµ[k.M 4º Hkkjr dk jkti=k % vlk/kj.k 3 4.2. In view of the request made by KPT and also considering the present status of the revised proposal as brought out is para 3.2. above, it will take time for the case to mature for final consideration of this Authority, This Authority therefore , extends the validity of the existing SOR of KPT from the date of its expiry till 31 March 2015 or till the effective date of implementation of the revised Scale of Rates, whichever is earlier. 4.3. If any additional surplus over and above the admissible cost and permissible return emerges for the period post 1 April 2013, during the review of its performance, such additional surplus will be set off fully in the tariff to be determined. T.S. BALASUBRAMANIAN, Member (Finance) [ADVT. III/4/Exty./143/2014(289)] Printed by the Manager, Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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