Model Concession Agreement (MCA) State Ports - Overview of the Framework

Region
South Asia
Country
India
Keywords
Ports

 

Model Concession Agreement (MCA) State Ports - Overview of the Framework, developed by the Planning Commission of the Indian Government. 

 

This overview spells out the policy and proposed contractual framework for building and operating a port on a Design-Build-Finance-Operate-Transfer (DBFOT) basis in India. It addresses the issues which are typically important for limited recourse financing of port infrastructure projects, such as mitigation and unbundling of risks; risk allocation; symmetry of obligations between the principal parties; precision and predictability of costs and obligations; reduction of transaction costs; force majeure; and termination. It also addresses other important concerns such as independent monitoring and supervision, dispute resolution and financial support and guarantees by the Government.

 

Related Information: 

PPPs in Ports / Port Reform

 

Tracking Reference: 

India_MCA Overview of the Framework_EN.pdf

Last Updated : Thu,2016-09-15