Lok Sabha Question No. 4751 (UNSTARRED), answered on 2025-03-28
Subject: Status of Mormugao Port Authority
Ministry: PORTS, SHIPPING AND WATERWAYS
Asked by: Shri Captain Viriato Fernandes

## GOVERNMENT OF INDIA MINISTRY OF PORTS, SHIPPING AND WATERWAYS

## LOK SABHA UNSTARRED QUESTION No. 4751

ANSWERED ON 28.03.2025

## STATUS OF MORMUGAO PORT AUTHORITY

## 4751.  SHRI CAPTAIN VIRIATO FERNANDES :

Will the Minister of PORTS, SHIPPING AND WATERWAYS be pleased to state: पȅन , पोत पįरवहन और जलमागŊ मंũी

- (a) the percentage-wise overall port capacity at Mormugao Port Authority that has been leased  to/handled  by  private  companies  under  lease  along  with  the  details  of  these handled by M/s Adani Group; (b)  the  details  of  receivables  from  the  tenants  and  berth  occupiers  of  the  ports  at MormugaoPort; (c) whether there has been any revision or waiver of fees/lease amount at Mormugao
- port, if so, the details thereof; and
- (d)  the  details  of  balance  sheet  and  P&L  account  of  the  last  ten  years  of  Mormugao Port?

## ANSWER

## MINISTER OF PORTS, SHIPPING AND WATERWAYS (SHRI SARBANANDA SONOWAL)

- (a) & (b) As of now, 63% of the total capacity of Mormugao Port Authority (MgPA) has  been  leased  to  private  companies.  Among  these  companies,  Adani  Group  is handling  22%  of  the  port's  total  capacity.  The  receivable  from  tenants  and  berth occupiers at MgPA, as on 31 March, 2024amount toRs. 1,173,524,453/-.

(c)    Yes,  the  last  revision  of  Estate  Rentals  was  implemented  w.e.f.  17.6.2022. Additionally,  waivers/concessions  are  given  on  a  case-to-case  basis  to  attract  new cargo and retain existing cargo.

- (d) The details of Balance Sheet and P & L account of the last ten years of MgPA are at AnnexureI & II.

MORMUGAO PORT AUTHORITY BALANCE SHEET

ANNEXURE-I

(IN CRORES)

| YEAR                         | 1        | 2         | 3         | 4         | 5         | 6         | 7         | 8         | 9         | 10        |
|------------------------------|----------|-----------|-----------|-----------|-----------|-----------|-----------|-----------|-----------|-----------|
| PARTICULARS                  | 2014- 15 | 2015- 16  | 2016- 17  | 2017- 18  | 2018- 19  | 2019- 20  | 2020- 21  | 2021- 22  | 2022- 23  | 2023- 24  |
| I. SOURCES OF FUNDS          |          |           |           |           |           |           |           |           |           |           |
| CAPITAL RESERVES             | 563.16   | 561.59    | 575.09    | 675.55    | 719.73    | 775.49    | 774.45    | 768.70    | 772.69    | 830.80    |
| REVENUE RESERVES             | 34.32    | 57.05     | 70.73     | 73.30     | 80.29     | 76.11     | 79.04     | 86.26     | 86.87     | 84.20     |
| STATUTORY RESERVES           | 0.00     | 0.00      | 0.00      | 0.00      | 0.00      | 0.00      | 0.00      | 0.00      | 0.00      | 0.00      |
| LOAN FUNDS                   | 15.00    | 88.50     | 87.00     | 30.00     | 25.00     | 20.00     | 15.00     | 10.00     | 0.00      | 0.00      |
| SOURCES OF FUNDS             | 612.48   | 707.14    | 732.82    | 778.85    | 825.02    | 871.60    | 868.49    | 864.96    | 859.56    | 915.00    |
| II. APPLICATION OF FUNDS     |          |           |           |           |           |           |           |           |           |           |
| FIXED / CAPITAL ASSETS       | 554.06   | 608.44    | 570.76    | 545.83    | 539.41    | 538.30    | 523.30    | 497.13    | 478.45    | 486.61    |
| INVESTMENTS                  | 23.25    | 28.16     | 88.15     | 125.85    | 166.13    | 172.83    | 173.14    | 174.30    | 178.29    | 243.41    |
| DEFERRED TAX ASSET           | 36.10    | 278.16    | 268.72    | 302.17    | 328.99    | 383.82    | 486.96    | 486.96    | 504.65    | 506.02    |
| CURRENT ASSETS               | 240.92   | 283.91    | 302.41    | 251.42    | 262.23    | 308.30    | 338.94    | 317.60    | 342.26    | 375.30    |
| (-)CURRENT LIABILITIES       | - 327.36 | - 1119.61 | - 1148.52 | - 1009.63 | - 1106.98 | - 1367.75 | - 1546.08 | - 1549.14 | - 1572.32 | - 1623.03 |
| BALANCE OF PROFIT & LOSS A/C | 85.51    | 628.08    | 651.30    | 563.21    | 635.24    | 836.10    | 892.23    | 938.11    | 928.23    | 926.69    |
| APPLICATION OF FUNDS         | 612.48   | 707.14    | 732.82    | 778.85    | 825.02    | 871.60    | 868.49    | 864.96    | 859.56    | 915.00    |

MORMUGAO PORT AUTHORITY PROFIT & LOSS ACCOUNT

ANNEXURE-II

(IN CRORES)

| YEAR                       | 1        | 2        | 3        | 4        | 5        | 6        | 7        | 8        | 9        | 10       |
|----------------------------|----------|----------|----------|----------|----------|----------|----------|----------|----------|----------|
| PARTICULARS                | 2014- 15 | 2015- 16 | 2016- 17 | 2017- 18 | 2018- 19 | 2019- 20 | 2020- 21 | 2021- 22 | 2022- 23 | 2023- 24 |
| OPERATING INCOME           | 286.75   | 342.85   | 443.59   | 425.67   | 382.68   | 431.17   | 446.67   | 433.39   | 467.83   | 566.52   |
| OPERATING EXPENDITURE      | 246.95   | 239.23   | 267.98   | 273.84   | 259.73   | 246.32   | 251.31   | 258.84   | 283.64   | 300.62   |
| OPERATING SURPLUS          | 39.80    | 103.62   | 175.61   | 151.83   | 122.95   | 184.85   | 195.36   | 174.55   | 184.19   | 265.90   |
| FINANCE & MISC INCOME      | 11.83    | 11.23    | 25.83    | 26.61    | 20.01    | 22.54    | 29.03    | 24.27    | 18.16    | 19.35    |
| FINANCE & MISC EXPENDITURE | 85.36    | 109.16   | 142.32   | 176.24   | 151.01   | 214.86   | 222.27   | 244.69   | 212.76   | 299.08   |
| NET PROFIT/(LOSS )         | -33.73   | 5.69     | 59.12    | 2.20     | -8.05    | -7.47    | 2.12     | -45.87   | -10.41   | -13.83   |