Iron ore policy shift revives investor confidence in the state’s port infrastructure.

Karnataka Attracts Eight Bids for Privatisation of Three Key Cargo Berths.

The Karnataka government has received eight initial bids for the privatisation of three cargo berths at Karwar Port and the City Side and Bengre Side berths of Old Mangalore Port, marking a strong response to its port-sector reforms. The projects are being offered under the Public-Private Partnership (PPP) model on a Renovate, Operate, Maintain and Transfer (ROMT) basis, with concessions awarded to bidders quoting the highest royalty per tonne of cargo handled. A key driver behind the robust interest is the state’s recent decision to allow iron ore handling through ports operated by the Karnataka Maritime Board, effectively lifting the 2010 ban on iron ore movement. This policy change has restored significant cargo potential and improved regulatory clarity for investors. The development aligns with Karnataka’s broader push to expand maritime capacity and follows its earlier PPP success with JSW Infrastructure at Bhavikeri Keni. Officials expect the projects to enhance efficiency, boost coastal trade, and generate economic benefits across coastal Karnataka.