Date: 2021-06-11Category: Extra OrdinaryState: Union GovernmentCountry: India
This Authority had passed an Order No TAMP 16 2021 DPT dated 16 March 2021 approving the Reference tariff and Performance Standards based on the proposal received from the Deendayal Port Trust
## Report on Amendment to Reference Tariff for Container Terminal at Tuna-Tekra
**1. Executive Summary:**
This report analyzes an amendment to the reference tariff for the Container Terminal at Tuna-Tekra, a project development under the Public-Private Partnership (PPP) mode, managed by the Deendayal Port Trust (DPT). The amendment, issued by the Tariff Authority for Major Ports (TAMP), corrects the base year for indexation of tariff caps from January 1, 2021, to January 1, 2020. This correction ensures consistency with the annual indexation factor already captured in the reference tariff order, which accounts for Wholesale Price Index (WPI) variations up to the year 2020-21. The key impact of this change is to ensure accurate inflation adjustments in the tariff caps for the container terminal.
**2. Introduction:**
This report provides an overview and analysis of the amendment to the reference tariff for the Container Terminal at Tuna-Tekra, based solely on the text of the provided government policy document. It aims to inform affected industry stakeholders about the specific change and its implications.
**3. Policy Overview:**
* **Original Policy:** The amendment pertains to the reference tariff and performance standards approved via Order No. TAMP162021DPT dated March 16, 2021, for the project development of Container Terminal at Tuna-Tekra under PPP mode. The Reference tariff schedule and Performance Standards approved were notified vide Gazette No. 164 dated 12 April 2021.
* **Core Objective(s) (Inferred):** The original policy aimed to establish a reference tariff and performance standards for the Container Terminal, likely to ensure fair pricing and efficient operation within the PPP framework. The amendment aims to correct an inaccuracy in how the tariff is adjusted for inflation.
**4. Background and Rationale:**
The amendment addresses an inconsistency identified by the DPT regarding the base year for indexation of the tariff caps. The original notification (Gazette No. 164 dated 12 April 2021) incorrectly stated the base year as January 1, 2021. The DPT pointed out that the tariff order already factored in indexation up to 2020-21, using January 1, 2020, as the base year for WPI calculations. Correcting the base year ensures alignment between the indexation methodology and the actual WPI data used in the tariff calculation.
**5. Key Provisions / Changes:**
* **Specific Part of Original Policy Changed:** General Note at Sr.No.l of Schedule 4 of the Reference tariff schedule approved by TAMP vide Order TAMP162021DPT dated 16 March 2021.
* **New Rule/Provision:** The base year for indexation of tariff caps is now explicitly stated as January 1, 2020, instead of January 1, 2021. The relevant note under Schedule 4 will now read: "The tariff caps will be indexed to inflation but only to an extent of 60 of the variation in Wholesale Price Index WPI occurring between 1 January 2020 and 1 January of the relevant year. Such automatic adjustment of tariff caps will be made every year and the adjusted tariff caps will come into force from 1 April of the relevant year to 31 March of the following year."
* **Difference/Effect of Change:** The change ensures that the tariff caps are indexed using the correct base year, reflecting the WPI data already incorporated in the tariff order. This should prevent any potential discrepancies or inaccuracies in the inflation adjustment of the tariff caps, ensuring tariffs are accurately reflecting economic realities.
**6. Target Audience and Stakeholders:**
The primary target audience includes:
* Deendayal Port Trust (DPT)
* The concessionaire operating the Container Terminal at Tuna-Tekra.
* Shipping lines and other users of the Container Terminal whose tariffs are impacted by these changes.
* Bidders for the project.
**7. Implementation Aspects (Inferred):**
* **Responsible Agency/Bodies:** Tariff Authority for Major Ports (TAMP) and Deendayal Port Trust (DPT).
* **Timelines/Procedures:** The amendment is effective immediately upon notification. The DPT is advised to modify the relevant General Note at Sl. No. l of Schedule 4 in the Reference tariff schedule for Container Terminal at TunaTekra approved vide Order No.TAMP162021DPT dated 16 March 2021 and also in the bid documents. The tariff caps adjusted based on this correction will come into force from April 1st of the relevant year.
**8. Expected Outcomes / Impact of Changes:**
The intended outcome of this amendment is to:
* Ensure accurate inflation adjustment of the tariff caps at the Container Terminal.
* Maintain consistency between the tariff order and the actual WPI data used.
* Prevent potential disputes or misinterpretations regarding the base year for indexation.
* Provide clarity for stakeholders, including the port trust, the concessionaire, and users of the terminal.
**9. Conclusion:**
The amendment to the reference tariff for the Container Terminal at Tuna-Tekra, specifically correcting the base year for indexation, is a significant clarification. This correction is essential for ensuring the tariff caps are accurately adjusted for inflation, maintaining fairness and transparency in the PPP project. The DPT's prompt action in identifying and addressing this issue, along with TAMP's swift response, reflects a commitment to sound financial management and equitable tariff structures.
Key Entities Referenced
NEW DELHI: Capital of India, place of publication of the gazette.
TARIFF AUTHORITY FOR MAJOR PORTS: Organization that passed the order regarding tariff and performance standards.
Mumbai: City in Maharashtra where the Tariff Authority for Major Ports is located.
T.S. Balasubramanian: Member Finance of the Tariff Authority for Major Ports.
Sunil Kumar Singh: Member Economic of the Tariff Authority for Major Ports.
Deendayal Port Trust DPT: Port Trust that submitted the proposal for fixation of reference tariff for its project development of Container Terminal at TunaTekra.
Container Terminal at TunaTekra: Project of the Deendayal Port Trust DPT for which the reference tariff is being fixed under PPP mode.
Wholesale Price Index WPI: Index used for tariff adjustments
Mayapuri, New Delhi: Location of the Government of India Press.
Delhi: Location of the Controller of Publications.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-एम.एच.-अ.-12062021-227542
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असाधारण
EXTRAORDINARY
भाग III—खण् ड 4
PART III—Section 4
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 228] नई ददल्ली, िुक्रतार, िून 11, 2021/ज्य ष्े ठ 21, 1943
No. 228] NEW DELHI, FRIDAY, JUNE 11, 2021/JYAISTHA 21, 1943
महापत्तन प्रिल्ु क प्राजधकरण
मुंबई, 13 मई, 2021
गणपर्तू त
(i). श्री टी.एस. बालसुब्रमजनयन, सदस्ट् य वजतत्त
(ii). श्री सुनील कुमार ससह, सदस्ट्य वआर्तथक
िजु िपत्र
(मई 2021 के 13तें ददन पाररत)
फा.स.ं टीएएमपी/16/2021-डीपीटी.—इस प्राजधकरण ने पीपीपी मोड में टुना टेकरा जस्ट्थत टैंकर टर्तमनल के जतकास की
पररयोिना के संदभभ प्रिुल्क जनधाभरण के जलये दीनदयाल पत्तन न् यास वडीपीटी से प्राप्त प्रस्ट् तात के आधार पर संदभभ प्रिुल्क और
जनष्पादन मानकों का अनुमोदन करते हुए 16 मार्भ, 2021 को आदिे संख्य ा टीएएमपी/16/2021-डीपीटी पाररत दकया था। इस
प्राजधकरण द्वारा अनुमोददत संदभभ प्रिल्ु क अनसु र्ू ी और जनष्पादन मानक भारत के रािपत्र म ें 12 अप्रलै , 2021 के रािपत्र सख्ं य ा
164 में अजधसूजर्त हुआ था।
2. 12 अप्रैल, 2021 की उक्त अजधसूर्ना के संदभभ में, डीपीटी ने 04 मई 2021 के ई-मेल द्वारा इस प्राजधकरण के 16 मार्भ,
2021 को आदिे संख्य ा टीएएमपी/16/2021-डीपीटी द्वारा अनमु ोददत संदभभ प्रिुल्क अनुसूर्ी की अनुसूर्ी 4 के क्रमांक वl म ें
सूर्कांकन के आधार तर्भ के बारे में संिोधन र्ाहा है, िो डीपीटी के अनुसार उक्त आदिे में जनधाभररत
1 िनतरी 2021 के स्ट्थान पर 1 िनतरी 2020 होना र्ाजहये।
3162 GI/2021 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4]
3.1. इस संबंध में यहााँ यह उल्लेख करना समीर्ीन होगा दक डीपीटी के प्रस्ट् तात के आधार पर इस प्राजधकरण द्वारा अनुमोददत
संदभभ प्रिुल्क आदिे में तार्तर्क सूर्कांकन कारक तर्भ 2020-21 तक लेखबि दकया गया था। इस प्राजधकरण द्वारा तर्भ 2020-21 के
जलये, अथाभत 1 अप्रैल 2020 से 31 मार्भ, 2021 तक, तार्तर्क सूर्कांकन कारक जनकालने के जलये तर्भ 2020-21 के जलये घोजर्त
तार्तर्क सूर्कांकन कारक में 01 िनतरी 2019 व01 िनतरी 2018 से 31 ददसम्बर, 2018 के बीर् औसत माजसक डब्लल्यूपीआई के
आधार पर जनकाला गया और 01 िनतरी 2020 व01 िनतरी 2019 से 31 ददसम्बर, 2019 के बीर् औसत माजसक डब्लल्यूपीआई के
आधार पर जनकाला गया के बीर् औसत माजसक डब्लल्यूपीआई में हुए पररततभनों को लेखबि दकया गया था।
3.2. उपरोक्त के मद्देनिर, इस प्राजधकरण द्वारा 16 मार्भ, 2021 के उक्त आदिे मे अनुमोददत संदभभ प्रिुल्क में सूर्कांकन के
आधार तर्भ को 1 िनतरी 2021 के स्ट्थान पर 1 िनतरी 2020 के रूप में संिोजधत दकया िाता ह।ै तद्नुसार, इस प्राजधकरण के 16
मार्भ, 2021 के आदिे संख्य ा टीएएमपी/16/2021-डीपीटी द्वारा अनुमोददत संदभभ प्रिुल्क अनुसूर्ी की अनुसूर्ी 4 – सामान्य रटप्पण
- के क्रमांक वl की मौिूदा रटप्पणी को जनम्नानुसार पढा िाये:
इस प्राजधकरण के 16 12 अप्रैल 2021 की अजधसर्ू ना जनम्नानसु ार पढा िाये
मार्,भ 2021 के आदिे सख्ं या 164 म ेंयथा प्रकाजित
सख्ं य ा
टीएएमपी/16/2021-
डीपीटी द्वारा
अनमु ोददत दरमान के
अनलु ग्नक – 1 का
सदं भ भ
अनसु र्ू ी 4–के (l).प्रिुल् क सीमाएं 1 िनतरी 2021 और प्रासंजगक तर्भ (l). प्रिुल् क सीमाएं 1 िनतरी 2020 और प्रासंजगक
अतं गतभ क्रमाकं के 1 िनतरी के बीर् आने ताले थोक मूल् य सूर्कांक तर्भ के 1 िनतरी के बीर् आने ताले थोक मूल् य
वl). वडब्ल ल् यूपीआई में जभन् नता के 60 प्रजतित की सीमा तक सूर्कांक वडब्ल ल् यूपीआई में जभन् नता के 60 प्रजतित
ही मुद्रास्ट् फीजत स े सूर्कांदकत की िाएंगी। प्रिुल् क की सीमा तक ही मुद्रास्ट् फीजत स े सूर्कांदकत की
सीमाओं का ऐसा स्ट् तत: समायोिन प्र् येक तर्भ दकया िाएंगी। प्रिुल् क सीमाओं का ऐसा स्ट् तत: समायोिन
िाएगा और समायोजित प्रिुल् क सीमाएं प्रासंजगक तर्भ प्र् येक तर्भ दकया िाएगा और समायोजित प्रिल्ु क
के 1 अप्रैल से आगामी तर्भ के 31 मार्भ तक लागू होंगी। सीमाएं प्रासजं गक तर्भ के 1 अप्रैल से आगामी तर्भ के
31 मार्भ तक लागू होंगी।
3.3 डीपीटी को यह सलाह दी िाती है के ते टुना टेकरा जस्ट्थत टैंकर टर्तमनल के सदं भभ प्रिल्ु क के 16 मार्,भ 2021 के आदिे संख्य ा
टीएएमपी/16/2021-डीपीटी की संगत अनुसूर्ी 4 – सामान्य रटप्पण के क्रमांक वl में और बोली दस्ट्तातेिों में भी उपयुक्त आिोधन
कर लें।
टी.एस.बालसुब्रमजनयन, सदस्ट्य वजतत्त
[जतज्ञापन-III/4/असा./91/2021-22]
TARIFF AUTHORITY FOR MAJOR PORTS
Mumbai, the 13th May, 2021
QUORUM
(i). Shri. T.S. Balasubramanian, Member (Finance)
(ii). Shri. Sunil Kumar Singh, Member (Economic)
CORRIGENDUM
(Passed on this 13th day of May 2021)
F. No. TAMP/16/2021-DPT.–This Authority had passed an Order No.TAMP/16/2021-DPT dated 16 March
2021, approving the Reference tariff and Performance Standards based on the proposal received from the Deendayal[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 3
Port Trust (DPT) for fixation of reference tariff for its project development of Container Terminal at Tuna-Tekra
under PPP mode. The Reference tariff schedule and Performance Standards approved by this Authority were notified
vide Gazette No.164 dated 12 April 2021.
2. With reference to the said notification dated 12 April 2021, the DPT vide its email dated 4 May 2021 has
sought amendment to the General Note at Sr.No.(l) of Schedule 4 of the Reference tariff schedule approved by this
Authority vide Order TAMP/16/2021-DPT dated 16 March 2021 pertaining to the base year for indexation which
should be 1 January 2020 instead of 1 January 2021 prescribed therein.
3.1. In this regard it is relevant to state that, reference tariff Order approved by this Authority based on the
proposal of the DPT captures annual indexation factor upto the year 2020-21. The annual indexation factor
announced by this Authority for the year 2020-21 captures variation in the monthly WPI occurring between 01
January 2019 (derived based on average monthly WPI from January 2018 till December 2018) and 01 January 2020
(derived based on average monthly WPI from January 2019 till December 2019) for arriving at the annual indexation
factor to be applied for the year 2020-21 i.e. from 1 April 2020 till 31 March 2021.
3.2. In view of the above, the base year for indexation in the reference tariff approved by this Authority in the
said Order dated 16 March 2021 is corrected as 1 January 2020 instead of 1 January 2021. Accordingly, the existing
Note No. (l) under Schedule 4 – General Note in the Reference tariff schedule approved by this Authority vide Order
No.TAMP/16/2021-DPT dated 16 March 2021 is to be read as given below:
Reference to the As appeared in the Notification No.164 To be read as follows
SOR approved by dated 12 April 2021
this Authority
attached as Annex-
I to the Order
No.TAMP/16/2021-
DPT dated
16 March 2021
Note (l) under (l). The tariff caps will be indexed to inflation (l). The tariff caps will be indexed to inflation
Schedule 4 but only to an extent of 60% of the variation in but only to an extent of 60% of the variation in
Wholesale Price Index (WPI) occurring Wholesale Price Index (WPI) occurring
between 1 January 2021 and 1 January of the between 1 January 2020 and 1 January of the
relevant year. Such automatic adjustment of relevant year. Such automatic adjustment of
tariff caps will be made every year and the tariff caps will be made every year and the
adjusted tariff caps will come into force from 1 adjusted tariff caps will come into force from
April of the relevant year to 31 March of the 1 April of the relevant year to 31 March of the
following year. following year.
3.3. The DPT is advised to suitably modify the relevant General Note at Sl. No. (l) of Schedule 4 in the Reference
tariff schedule for Container Terminal at Tuna-Tekra approved vide Order No.TAMP/16/2021-DPT dated 16 March
2021 and also in the bid documents.
T.S. BALASUBRAMANIAN, Member (Finance)
[ADVT.-III/4/Exty./91/2021-22]
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.