Bengaluru - The Karnataka government has called bids to privatise four cargo berths located at Karwar, Mangalore and Malpe ports, shifting key cargo handling facilities along the state’s coastline to a Public-Private-Partnership (PPP) model of operation.
The tender covers berths at Karwar, Old Mangalore (city side), Old Mangalore (Bengre side), and Malpe. These will be awarded to private firms on a Renovate, Operate, Maintain and Transfer (ROMT) model.
The state government invited offers after the Cabinet approved the plan on October 30.
The private entity quoting the highest royalty per ton . . .
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