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: concession
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Ennore Port gives concession to Nissan for cargo export
Ennore Port agreed to handle automobile exports cargo of Japanese auto major Nissan Motor India at a concessional rate for a period of 10 years. According to an agreement signed by both the parties, the port gave Nissan concessions in the wharfage up to 60,000 units per annum at the rate of 0.36 percent per unit
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DP World to sign concession agreement with JNPT
Following the resolution of environment issues, DP World would sign concession agreement with the Jawaharlal Nehru Port (JNPT) for setting up a 800,000 TEU container terminal. The Rs 1,000 crore project was awarded to DP World in October last year after the firm agreed to share 28.09 per cent of the revenue with JNPT
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Ennore port may allow bidder to decide on project
Media reports indicate that Ennore Port may give liberty to the the winning bidder for the proposed container terminal project to decide on whether to build the entire terminal in one go or in phases. Based on market condition, the winning bidder may decide how to implement the Rs 1,270 crore project and the port authority may not intervene in this, reports suggest
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Ennore port may award Rs 14 bn project before Dec 2013
Unconfirmed media reports indicate that Ennore Port
expects to award the contract for its Rs 1,407 port-cum-terminal project before December and the project may be completed in 30 months. The size of the terminal has been revised from the earlier 1,000 metre to around 750 metre, reports suggest. At its recent board meeting, the port decided to a float fresh tender for the
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Govt asks IOC to sell ATF at discount to Air India
Media reports indicate that some state-run oil marketing companies (OMCs) agreed to sell aviation turbine fuel (ATF) to the loss-making Air India at a concessional rate at the behest of the government. It is learnt that Indian Oil Corporation (IOC) agreed to sell fuel to Air India at a discount of 8 per cent. Some reports indicate that Air India will be charged Rs 5,300 lowe
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Govt asks IOC to sell ATF at discount to Air India
Media reports indicate that some state-run oil marketing companies (OMCs) agreed to sell aviation turbine fuel (ATF) to the loss-making Air India at a concessional rate at the behest of the government. It is learnt that Indian Oil Corporation (IOC) agreed to sell fuel to Air India at a discount of 8 per cent. Some reports indicate that Air India will be charged Rs 5,300 lowe
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Govt asks IOC to sell ATF at discount to Air India
Media reports indicate that some state-run oil marketing companies (OMCs) agreed to sell aviation turbine fuel (ATF) to the loss-making Air India at a concessional rate at the behest of the government. It is learnt that Indian Oil Corporation (IOC) agreed to sell fuel to Air India at a discount of 8 per cent. Some reports indicate that Air India will be charged Rs 5,300 lowe
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Govt seeks legal advice on GMR project
Government has sought legal advice on the proposal to give concession to GMR Infrastructure for implementing the Kishangarh-Udaipur-Ahmedabad project. The government seeks legal advice because the issue has wider implications for road sector and needs careful resolution in order to protect the interest of the gov
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Govt seeks legal advice on GMR project
Government has sought legal advice on the proposal to give concession to GMR Infrastructure for implementing the Kishangarh-Udaipur-Ahmedabad project. The government seeks legal advice because the issue has wider implications for road sector and needs careful resolution in order to protect the interest of the gov