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

GENERAL CONDITIONS APPLICABLE TO GUIDELINES CONTAINED IN PARA 3 ABOVE

1. The Port Facility may, wherever necessary, include supporting infrastructure, such as Road, Railways and Civic & Urban facilities required for efficiency of the Port.
2. In the event the scheme does not take off, it will be abandoned at option of any party. The pre-operative expenses will be borne by the parties in equal proportion.
3. The Joint Venture will require approval of the Central Government.
4. The Major Port Trust will carry out an exercise to work out contingent liability imposed on it by a collaboration with a view to appreciate the financial commitment of the Major Port Trust.
5. The Private Sector Guidelines relating to the Port Based Industries shall be honoured by the Joint Venture arrangements.
6. The JV arrangements shall recognise the agreements entered into by the Major Ports and provide for suitable measures for the JV arrangements to honour the agreements.

Bilateral arrangements with Foreign Governments:

In case it is considered that certain technology, expertise, managerial practices etc. are necessary to be imported from a particular country, Government to Government arrangements can be concluded without inviting the tenders. The respective Major Port Trust and the Foreign Port (a public owned foreign port or privately owned foreign port) as selected by the Foreign Government will then enter into the arrangements between them. The form of collaboration will be on agreed terms and on B.O.T. basis for a period upto 30 years,

. For implementation of the guidelines, Indian Ports Act, 1908 and Major Port Trusts Act, 1963 are to be amended suitably.