...Kakinada in trouble? Andhra Pradesh, Kakinada Sea Ports, Ports and port authorities, November 2001

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Published: November 2001

...Kakinada in trouble?

Kakinada Seaports Ltd (KSPL), which runs Kakinada Port in Andhra Pradesh, wants the present minimum guaranteed amount (MGA) system set out in its original concession agreement replaced by an income-sharing arrangement.

KSPL has asked the Andhra Pradesh government to revise the existing "unreasonable" agreement, stating that it is willing to pay 20 per cent of its revenue to the government instead of the MGA....

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Approx 280 words from WorldCargo News, November 2001, page 9.

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