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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India is ready to build for the world!
Infra firms pitch for regulator to monitor PPP projects across sectors
Infrastructure players have pitched for a neutral regulator to look into issues in public-private-partnership (PPP) projects. They highlighted this to the Vijay Kelkar Committee that is looking into ´revisiting and revitalising the PPP model of infrastructure development´
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
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.
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.
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.
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.
Infra sector needs alternative sources of finance
Infrastructure is one of the top priorities for the Indian government. The right policy framework will give confidence to both domestic and international investors and create a competitive environment to deliver cost-effective services to end-users.
Infrascape 2015 – Policy hurdles such as delay…
Policy hurdles such as delay in awarding projects, environmental clearances, land acquisition and lack of cheaper financing options still continue to be pertinent to the sector.
Infrascape 2015 – The Indian economy is poised for…
The Indian economy is poised for positive outlook with the reforms proposed by the new government. The reforms once implemented would trigger growth in all core sectors primarily the infrastructure sector which will emerge as a key driver of growth in the second half of next year.