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.
Tag: public-private partnership
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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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FDI Ultimate Game Changer
Though investment in infrastructure is expected to touch $1,025 billion in the Twelfth Five-Year Plan (2012-17), many hurdles are choking investment inflows despite the government´s overdrive to attract funds. The government´s recent decision to open up the railway sector to Foreign Direct Investment (FDI)
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CIL tender for PPP by March
Coal India (CIL) is set to come out with a tender for public-private partnership (PPP) in March. Through the mining, development and operator model, the CIL engages private entities on a contract basis, though on a small scale. In the new agreement, the blocks will be outsourced for 15 years.
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Centre makes efforts to boost PPP in highways sector
The Union Road Transport and Highways Minister Oscar Fernandes has said that the Union government is continuously making efforts to boost the public-private partnership (PPP) in the highways sector.
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Gujarat Pipavav Port receives interim dividend of Rs 38 million from Pipavav Railway Corporation Ltd
APM Terminals operated Gujarat Pipavav Port (APM Terminals Pipavav), one of Western India's fastest growing gateway ports, received an interim dividend of Rs. 38 million (5%) from Pipavav Railway Corporation Ltd.
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Govt expects report on PPP policy in coal mining by Dec
By December 2013, government expects a nine-member panel to submit report on devising public-private-partnership (PPP) framework in the coal mining sector. In March 2013, the government set up the panel under
the chairmanship of Coal Secretary SK Srivastava to devise PPP framework
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Minister rejects rumours on UN advice for PPP projects
Planning Minister Rajeev Shukla denied rumours that the United Nations suggested India to avoid public-private partnership (PPP) model for developing infrastructure. It may be recalled that a recent study by the UN found that PPP model for infrastructure sector need not lead to improved disaster risk assessment and man
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Airport works stopped
In Karnataka, the upcoming greenfield airports in Gulbarga and Shimoga may not get ready by the end of this year. Both projects, being built on a public-private partnership (PPP) model, stand grounded.
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Industry wants govt to focus on issues in port sector
Industry players suggested the government to pay renewed attention to the issues facing port sector in India. Some of the issues facing the sector are lack of clarity on land acquisition policy in an around port area, implementation delays in public private partnership (PPP) projects and faulty tariff structure governing major port