Port-dependent public sector undertakings (PSUs) that want to set up captive berthing facilities in areas falling under major ports may no longer need to enter competitive bidding, as the Union government is looking to tweak its captive waterfront policy and ease various regulations, Business Standard has learnt.
“Owing to some representations, the ministry (of ports, shipping and waterways) plans to have a provision of allowing PSUs to set up captive berths on a nomination basis,” a senior government official said.
The proposal, among others in the captive berth policy, is being deliberated at the Union cabinet level.
A port-dependent industry (PDI) is one