Sea Change (Shore Power and ZEVI update)

October 3, 2023 Approved View on council website
Full council record
Content

1.   
Noted and recommended that Full Council notes the importance of
investing in shore power at Portsmouth International Port
(PIP).

2.   
Noted and recommended that Full Council notes the existing funding
for shore power in the capital programme, and the revised funding
requirement for shore power.

3.   
Subject to a satisfactory financial appraisal approved by the
Director of Finance and Resources & S.151 Officer, recommended
that Full Council approves investing in shore power at a capital
cost of £26.1m to be funded as follows:

4.   
Grant: £18,474,158

5.   
Prudential Borrowing: £4,625,842

6.   
Corporate resource: £3,000,000
 

Supporting Documents

Sea Change - Integrated Impact Assessment.pdf
Sea Change Shore Power and ZEVI update.pdf

Details

OutcomeRecommendations Approved
Decision date3 Oct 2023