Preamble
	Guidelines for Joint Venture
	Joint Venture between a Major Port Trust & Minor Ports
	Joint Venture between a Major Port Trust & a company or consortium of companies
	General conditions applicable to Guidelines contained in para 3 above

Joint. Venture between a Major Port Trust and Minor Port(s):

(a) Areas of cooperation

The Scheme will relate to Improvements in the existing minor Port(s) resulting in strategic alliance between Major Port Trust and Minor Port(s), for coordinated development of the Port(s), and cover situation where there are constraints in economic expansion of the Major Port.

(b) Procedure

1. Techno-economic feasibility will be got done by Major Port Trust. The Minor Port(s) will provide assistance end co-operation and bear upto 50% of the cost of study.
2. The Scheme will be implemented by e JVC ,promoted by a ’ Major Port and Minor Port(s). Major Port Trust will, at all times, maintain at least controlling stake in the JVC necessary for blocking a Special Resolution.
3. A Company or a consortium of companies, selected on tender basis, may be inducted in the JVC. The statutory y clearances will be arranged by the Major Port. The cost will be added to the
4. The statutory clearances will be arranged by the Major Port. The cost will be added to thepre-operative expenses.
5. The terms and conditions will be negotiated between the Major Port and Minor Port(s). 

(c) Services to be provided by Major Port Trust

The Major Port Trust may provide following services to JVC at agreed price:–

1. Experts on deputation basis.
2. (2) Pilotage, Conservancy and Safety.

(d) Period of collaboration and Termination

(1) The period of collaboration between Me3or and

Minor Port may be in perpetuity, In the event a company or a consortium of companies is part of the collaboration, the period of such collaboration may be upto 30 years.

(2) A party may withdraw from the collaboration on mutually settled terms and conditions.

(e) Form and Period of Collaboration

1. Period will be upto 30 years.
2. Form of collaboration will be on B.O.T. basis, Upon expiry of the period, the port related assets will revert back to the Major Port Trust in accordance with conditions of Agreement.

(f) Other conditions:

( 1) The Joint Venture arrangements can be finalised without tender.

(2) The Joint Venture will require approval from Central Government.