The ambitious Navi Mumbai International Airport worth Rs 14,500 crore, to be developed on a 1,160 hectare plot, will be built in four phases. Elaborating on the plans, Sanjay Bhatia, Vice Chairman and MD, City and Industrial Development Corporation (CIDCO)
Tag: PPP Projects
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New MCA will have four changes, including dispute resolution
BK Chaturvedi, Member of the Planning Commission of India, is in the hot seat. It was his draft of the original MCA in roads that made all the difference to PPP in roads. Now it´s time to debug that document, he tells Garima P.
Have investors been withdrawing on account of the existing Model Concession Agreement (MCA) for highways?
Quite a few people have been attacking the MCA saying that provisions need to be changed. Now that the economy is not doing well, it is easy to blame the MCA for
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Rescheduling is prejudicial to the exchequer
As someone who has withstood the pressure from the infrastructure sector on the question of whether contract renegotiation should be adopted as a norm, Gajendra Haldea, Adviser to the Deputy Chairman of the Planning Commission of India minces no words.
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Recovery or Illusion?
Industry observers have promptly branded the growth in some of the core sectors in the second quarter as ´encouraging´ and ´first signs of recovery´ for the infrastructure sectors.
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Migration policy to aid PPP projects at major ports
To help 15-20 public-private partnership (PPP) projects at major ports in the country, the Union Government is set to announce a 'migration policy'. The new policy will be applicable for PPP projects signed on the basis of 2005 guidelines, the Union Shipping Secretary, Vishwapati Trivedi has said.
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The new bill in its current form is seriously flawed in some ways
Land acquisition is the single most important reason for Mumbai's much-awaited, dispute-ridden metro rail to be repeatedly postponed and for the cancellation of its second line. Sumit Banerjee, CEO-Infrastructure, Reliance Infrastructure and Vice Chairman at Reliance Cement, explains to Shashidhar Nanjundaiah whether the current Land Acquisition Bill could have helped.
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Is PPP overrated?
The industry may be disappointed with the Food Security and Land Acquisition Bills, seeing them as a step back into the era of subsidies and socialism. In many ways-lets's face it, so would be protectionism of domestic businesses against the onslaught of Chinese power equipment manufacturers.
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Land acquisition law: no pain no gain
Speculations are rife that land prices would shoot up 20 to 40 per cent as a result of the new Bill, depending on whom you ask. There are a thousand things that can be wrong about the new Act. But there are as many rights. Let's be fair: the new land acquisition Act-renamed to include the social justice that it sets out to ensure-is at once pain and gain.
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Rail projects implementation slow
Experts and industry observers raise concern about the slow implementation of public private partnership (PPP) projects in railway sector. It is learnt that around 350 PPP projects are in the pipeline in railway sector
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TAMP as market regulator
Minor ports have emerged as more attractive to private investors than the major ones, notably after the controversial TAMP revised tariff as PPP projects at major ports are marred by litigations, delays and disputes.