The government recently decided the PPP policy needs clarity and drafted a new one. The new document, however, dwells too much in generalisations. A reward/disincentivisation should be a necessary part of awards, say Amit Kapur and Vishnu Sudarsan.
Category: Roads & Highways
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Sowing seeds in the right land
Sameer K Bhatnagar presents an investment landscape for Canadian companies to invest in India and outlines the major sectors where opportunities lie. These are interesting times for infrastructure comÂpanies in India.
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Govt keen on PPP in irrigation
The Central Government is contemplating roping in private companies to accelerate construction of irrigation networks like canals and dams across the country.
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Government approves four expressways
The government has apprÂoved building over 1,000 km of expressways under NHDP, entailing an investment of Rs 16,680 crore. The projects include 400 km long Vadodara-Mumbai, 66 km long Delhi-Meerut,
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More premium bids for NHAI
All 4 bids opened on negative VGF exceeding estimation by far. NHAI opened four National Highway bids (on BOT) over the past two working days--three on Friday, 18 November and one on Monday, 21 November. The four have all been on premium, also called negative Viability Gap Funding (VGF) of varying amounts.
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Private investments rising
Private sector's role in infrastructure is poised for significant growth in the 12th Five Year Plan, possibly accounting for about 35-40 per cent of projected investment of $1 trillion, said JP Nayak, President, Larsen & Toubro.
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PPP panel clears 5 projects
A high-level committee to approve public private partnership (PPP) projects cleared five infrastructure sector projects envisaging total investment of about Rs 7,000 crore.
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NHAI to build 1,000 km of expressways
The National Highways Authority of India (NHAI) has planned to construct 1,000 km of expressways on build-operate-transfer (BOT) model.
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NHAI earns over Rs 17,000 cr premium
Increasing interest by private players in the highways sector has helped NHAI award 17 projects worth over Rs 25,500 crore in the last six months, leaving the authority richer by over Rs 17,000 crore in the form of premium.
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PM calls for transparency in awarding projects
In the wake of irregularities in allocation of natural resources and award of infrastructure projects, Prime Minister Manmohan Singh called for transparency in awarding highway projects to eliminate the possibility of favouritism or ‘crony capitalism'.