The Union Government will review model concession agreements (MCAs) for public private partnership (PPP) projects across sectors to assess the possibility of moving from a cost-plus basis to predetermined rates while awarding contracts
Tag: agreements
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SCI may cater to state-run firms to get assured revenue
Industry analysts suggest Shipping Corporation of India (SCI) to enter into joint venture agreements with public sector undertakings (PSUs) in order to get assured cargo and revenue stream. During 2012-13, SCI incurred a net loss of Rs 114 crore while its total revenue stood at Rs 4,152 crore. At a time when the economy and trade flows are in a downturn, catering to the logistic needs of state-run com