Advisory: Annual indexation on terminal Scale of Rates 2022

Dear Valued Clients,
 
Greetings from APM Terminals Mumbai!
 
This is to advise you that Tariff Authority of Major Ports (TAMP) has announced an annual indexation of 6.46% at 60% of the WPI variation, towards the existing Scale of Rates applicable under 2019 TAMP guidelines.

The New Scale of Rates applicable for Gateway Terminal India Private Limited based on this tariff indexation shall remain effective from 1st May 2022 until 30th April 2023.
 
Thus, all invoices generated effective 1st May 2022 shall be as per the revised rates.

Regards,
APM Terminals, Mumbai