The Paradip Port Authority (PPA) on April 01, 2026, notified regarding the Indexation and payment of royalty by the stevedoring and shore handling agents.
The following has been stated:
•The notification provides that tariffs/charges for PPP (Public-Private Partnership) projects at the port will be indexed to WPI variation, ensuring that payments and revenues are adjusted in line with inflation trends. The indexation is to be applied as per the prescribed formula/mechanism, linking tariff escalation directly to WPI changes over the relevant period.
•It clarifies that such indexation ensures fair compensation to concessionaires/operators while maintaining consistency with port tariff policies. The revised indexed rates will be applicable for the specified period and will impact payments such as royalty, concession fees, or user charges depending on the project terms.
[Notification no. - TD/TM/P&L-27/2021(PT-IV)/586]
