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Reviving Indira Dock: A New Push to Boost Cargo and Port Efficiency.

Mumbai Port Authority Launches Largest Asset Monetisation Plan, Invites Private Firms to Operate 22 Indira Dock Berths.                                                                       

 The Mumbai Port Authority has initiated its biggest asset monetisation programme by seeking private operators to manage 22 berths at Indira Dock under a single 10-year Operation & Maintenance (O&M) contract. The plan aims to arrest the decline in cargo volumes at the port’s largest dock, which handles deep-drafted vessels but has seen falling throughput over the past three years. An Expression of Interest (EOI) invites private firms to manage clean cargo operations, including marketing, administration, and storage management.  Chairman M. Angamuthu, who earlier implemented a similar model at Visakhapatnam Port Authority, aims to replicate that success in Mumbai, where past PPP attempts have failed. The berths included in the contract span 3.733 km of quay length and extensive storage spaces. The O&M operator will pay concession fees and royalties, meet minimum guaranteed throughput, and manage all cargo activities except hazardous goods, while Mumbai Port continues to earn vessel-related charges. The move seeks to improve berth occupancy and revive cargo traffic at the 150-year-old port.