The Karnataka government has received eight bids from private players for the privatization of three cargo berths located at key ports in the state, reflecting growing investor interest in maritime infrastructure development. The bids were submitted as part of the state’s effort to modernize port facilities and enhance cargo handling efficiency through private participation.
The berths identified for privatization include two berths at Old Mangalore Port (City Side and Bengre Side) and one berth at Karwar Port. These facilities are being offered to private operators under a Public-Private Partnership (PPP) model on a Renovate, Operate, Maintain and Transfer (ROMT) basis.
Under the concession framework, the projects will be awarded to bidders quoting the highest royalty per tonne of cargo handled. The concession period is proposed as 30 years for the two Old Mangalore Port berths, while the Karwar Port berth will have a 15-year concession period.
Officials noted that the strong participation from bidders reflects renewed confidence in Karnataka’s maritime infrastructure policy. A key factor behind the increased interest is the recent decision to allow iron ore handling through Karnataka Maritime Board ports, effectively reversing the earlier restrictions on such cargo movement and unlocking additional traffic potential.
The privatization initiative is part of the state’s broader strategy to expand cargo-handling capacity, promote coastal shipping, and attract private investment into port infrastructure. Once operational, the upgraded berths are expected to improve efficiency and support economic activity across Karnataka’s coastal region.