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Hit by the HAMmer

Hit by the HAMmer

The Hybrid Annuity Model (HAM) unveiled with great fanfare earlier this year was expected to set off the next wave of award of PPP highway projects. The intent and purpose of introducing HAM, as a hybrid of EPC and BOT (annuity) formats, was noble and deserves to be lauded: to moderate risks faced by highway developers and to provide financial support during construction.

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Norms for SEZs finance

Norms for SEZs finance

Paving the way for the country´s first finance SEZ, the Gujarat International Finance Tec-City (GIFT), to commence operations, Finance Minister Arun Jaitley at a function recently unveiled the composite regulatory framework for financial- sector

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Decoding the New Legislation

Decoding the New Legislation

The current legislative framework in relation to eligibility with respect to coal mining in India is the Coal Mines (Nationalization) Act, 1973 (´CMN Act´). Under the CMN Act, nationalization of coal mines was completed in two phases.

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PPP model needs revamp

PPP model needs revamp

Restructuring of Public Private Partnership (PPP) framework in infrastructure sector would help revive financially stressed projects and attract private investment, the Economic Survey said.

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Target Sustainability, Become Smart

Target Sustainability, Become Smart

New age concerns of resource optimization, climate change impacts, financial situation of urban bodies, etc., have given rise to new brands of cities such as green cities, eco cities, inclusive cities, resilient cities, sustainable cities and smart cities.

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Government clears 30 oil & gas discoveries

Government clears 30 oil & gas discoveries

Ending months of logjam over discoveries mired in contractual disputes, the government has cleared 30 projects of firms like Cairn India and ONGC to help monetise about 2.6 trillion cubic feet of gas reserves.