We have been working with them to put together the investment policy - what should be the objectives, focus, sectors, types of investments and things of that nature. All that has been finalised.
FlashNews:
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Maharashtra leads in termination of PPPs
Maharashtra leads the list of states where the most number of public-private partnership (PPP) investment projects have been terminated.
Vox Pop – Prospects galore
The year 2016 seems promising for the ailing infrastructure sector, but it needs to be driven by proactive action.
Karnataka Calling
The stage is set. The Karnataka State Government is geared up to host Invest Karnataka 2016, its biggest and grandest global investors meet ever.
Govt´s ultimatum to road developers
Running out of patience for their ¨lack of commitment and lackadaisical approach¨, the government has warned non-serious developers and bankers of terminating highway
Rs.28,000 cr worth of highways development projs in FY16
The government plans to award Rs.28,000 crore worth of highways development projects in the current fiscal under the newly conceived hybrid annuity model
Report of Kelkar committee on PPP model released
The Union Ministry of Finance on 28 December 2015 released the report of the Committee on Revisiting and Revitalising Public Private Partnership (PPP) Model.
Finding the Right Road
The moot question is whether good intent has been accompanied by careful planning.
It was always going to be a difficult job. Roads development, battered and bruised by a heavy load of projects awarded in the recent past, remained stalled for various reasons ranging from land acquisition and bureaucratic red tape to a lack of accountability and transparency in the bidding process.
7th Annual India Roads Conference 2015
The transformation of India´s roads seems to be a reality now. In February this year, the government pledged to invest Rs 80,000 crore in the sector in the Budget. And now the target is to award 10,000 km by March 2016.
More than 36 PPP projects have been successfully launched
As such there is no diversion of cargo from the major ports to the non-major ports. As far as the traffic at major ports is concerned, there is consistent traffic flow and is largely on the increasing trend. However, non-major ports are also attracting cargo due to being captive ports and having no regulatory mechanism like TAMP, etc.