PPP projects have contributed only 33 per cent to total capacity of major ports up to March 2014, thereby defeating the purpose of the PPP model, CAG has said.
´The PPP model was to ensure faster augmentation of infrastructure and better service quality for the user. However, out of capacity addition of 315.23 MTPA envisaged by the Maritime Agenda 2010-20, the ports achieved capacity addition of 79.80 MTPA during the period´, CAG said in its report.
A total of 91 PPP projects with total capacity addition of 751.71 MTPA were sanctioned by the government up to March 2014, the official auditor said.
Thus, the purpose of the PPP mode was defeated due to slow implementation of projects, the auditor added.
Ports did not structure the PPP projects appropriately as a result of which the long-term interests of the ports were not adequately protected, it said.
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