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 a Company or Consortium of Companies.

a.  Situations end applicable conditions:

1. (1) A company or consortium selected through B.O.T bidding under the Guidelines of Private Sector Participation
   .Conditions:
   Participation of a Major Port Trust in the scheme will be considered for improving viability of the scheme and/or to enhance confidence of the private sector. The extent of participation by the Major Port Trust shall be specified by the Port Trust in the bidding document.
   
   
2. A Company or a Consortium of Companies selected under the scheme of Innovative/Unsolicited Proposals
   Conditions:
   The extent of participation by the Major Port Trust, will be on case to case basis.
   
   
3. Oil PSUs or a JVC of oil PSUs selected for oil related Port Facility Port Based Industry. For this purpose, a JVC of oil PSU means a Company engaged in the business of petroleum, petroleum products including their transportation end the oil PSU or more than one oil PSUs together, at all times, hold a minimum of 50% equity stake in the Company.
   Conditions:
   The extent of participation by a Major Port Trust will be on case to case basis.
   The Joint Venture arrangements can be finalised without tender.
   The Joint Venture will require approval from Central Government.

(b) 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 the conditions of Agreement.