The Parliament has passed the Major Port Authorities Act, 2021. The bill was moved by Mansukh Mandaviya, Minister of State (Independent Charge) for Ports, Shipping & Waterways in Rajya Sabha on Wednesday and it was passed.
Tag: public-private partnership
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Odisha govt to set up riverine port on river Mahanadi
High-level clearance authority (HLCA) allowed four major port developing agencies to participate in the financial bidding for a riverine port on Mahanadi River in Kendrapada district on Public Private Partnership (PPP) mode.
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Making Indian Infra Work
Though Public-Private Partnership contracts are the mainstay of infra projects, evidence of PPP performance in terms of value-for-money and efficiency is mixed and often unavailable, says Sangeeta Lakhi, Senior Partner, Rajani Associates.
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New bill for model PPP pact in port sector soon
The Centre will table a new bill that will facilitate a model agreement by way of Public-Private Partnership in the port sector.
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All Aboard
Growing air travel bodes well for the sector. All that is required is for the necessary infrastructure to keep pace, lest it fall far behind. India´s civil aviation industry is on a high-growth trajectory. Currently the ninth largest aviation market in the world, with a market size of around $16 billion
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Thinking Afresh
A quality transition to the planned expansion will require a huge capital investment in electricity, railways, roads, ports, airports, irrigation, water supply and sanitation systems.
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MPT wants to reclaim 3 lakh sq m for new cargo terminal
The Mormugao Port Trust (MPT) has proposed to reclaim 3 lakh sq m of water area for developing a multi-purpose cargo terminal on public private partnership (PPP)
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Govt should incentivise coastal shipping
The ports and terminals developed under public private partnership (PPP) model in Gujarat have been performing quite well over the years, in terms of the efficiency parameters, says Amrendra Kumar Rakesh, Vice Chairman & CEO, Gujarat Maritime Board.
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Govt to relook airport privatisation plan
The Union government is to relook the process of privatisation of six major airports started by the previous government. Civil Aviation Minister Ashok Gajapati Raju has suggested fresh broad-based consultations between the Centre
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PPP: The prescription for infrastructure
Most infrastructure projects are generally characterised by time and cost overruns. Political factors impact time overruns more than cost overruns. The new government at the Centre has identified its top priorities and as expected infrastructure is high on the agenda.