Feasibility Report
Feasibility Report
In the case of identified projects for private sector participation, the ports may prepare feasibility reports either through their in house expertise or by engaging competent consultants after following the normal procedure of tendering/short listing. Approval of the Ministry of Surface Transport to undertake the feasibility study will be taken wherever necessary.
Tenders will be invited for the project based on the Feasibility Report. The cost of preparation of the Feasibility Report would be recovered from the successful tenderer.
Projects to be executed through private sector participation need not be posed for approval of the investment to EFC/PIB. Even feasibility report for such projects need not go for clearance of Committee of PIB, since the cost of feasibility reports in ultimately to be recovered from the successful tenderer.
In the case where captive facilities are desired, feasibility reports may be conducted by toe entrepreneur/P5U desirous of constructing the facility. However, the feasibility report would be seen/ scrutinised by the port to see whether it meets the port’s approval.