The private sector brings with it the benefit of private funding of the projects and efficiency of operations. ĆĀ“Public-Private PartnershipĆĀ“ (PPP) has been a relatively flourishing model for infrastructure development in India.
Tag: arbitration
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Decoding the Arbitration Amendment
India is moving towards reviving the infrastructure sector by encouraging investments by private players and reinvigorating the sector through Public-Private Partnership (PPP). The government is also providing the much-needed push by increasing the budgetary allocation to Rs.2.21 lakh crore for key infrastructure areas, such as roads, railways and ports.
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Bank Guarantees: Encashment and remedies on encashment
Bank guarantees are an integral part of a contract, but these have been encashed under dubious circumstances in a number of cases. Prachi Manekar examines the legal recourse available to aggrieved parties.
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Prime Minister, please
By the time this issue reaches your hands, the new government would have taken over. Which are the burning issues in the infrastructure space that have to be tackled on an urgent basis?
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Hardy Oil & Gas secures extension of license
Hardy Oil & Gas succeeded in obtaining the extension of its exploration licence for the the CY-OS/2 block in Cauvery basin for a further three years from the date on which the block is restored. Ian MacKenzie, Chief Executive of the firm said as operator of the CY-OS/2 block, the firm was looking forw
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Hardy Oil & Gas secures extension of license
Hardy Oil & Gas succeeded in obtaining the extension of its exploration licence for the the CY-OS/2 block in Cauvery basin for a further three years from the date on which the block is restored. Ian MacKenzie, Chief Executive of the firm said as operator of the CY-OS/2 block, the firm was looking forw