Across various sectors including ports, airport and power & transmission, railways, the central government plans to implement Rs 150,000 crore worth projects in the next six months. After taking approvals from the Cabinet, the government plans to award these infrastructure projects in the next six months, Planning Commission Deputy Chairman Montek Singh Ahluwalia said
Tag: public-private partnership
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Maharashtra frames PPP policy
The urban development department of the Maharashtra government framed a new policy in order to address issues, such as settling of claims and risk-sharing, arising out of delays in public private partnership (PPP) projects.
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IL&FS, East Nippon E’way to take up projects jointly
To implement highways projects jointly under public private partnership (PPP) mode IL&FS Transportation Networks has got into a partnership with East Nippon Expressway Company. IL&FS Transportation Networks is a subsidiary of leading infrastructure developer IL&FS while Nippon Expressway Company (NEXCO East) is a Japanese expressway construction and operation firm.
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Ennore Port holding meet with firms
Ennore Port is in the process of holding pre-application meeting with the prospective bidders for the Rs 1,270-crore mega container terminal project. The port wants to implement the project under public private partnership (PPP) model on the design, build, finance, operate and transfer basis for a concession period of 30 years
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CAG report finds fault at AP govt’s PPP contracts
The report of the Comptroller and Auditor General (CAG) of India on the public private partnership (PPP) port projects implemented by the Andhra Pradesh government was tabled in the State Legislative Assembly recently. The report identified some key faults on the part of the state government in designing the contracts
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UN raises concern on PPP projects in India
According to a report by the United Nations (UN), public private partnership (PPP) projects in India do not necessarily lead to improved disaster risk assessment and management, and they may underplay disaster risks or lead to their transfer as shared costs to the public sector or to city residents. The international agency said this in its Global Assessment Report (GAR) on disaster risk reduction. The 2013 GAR study on disaster risk reduction is the third biennial report coordinated by the UN's
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Odisha has 2nd largest share in completed PPP projects
As on April 30, 2013, Odisha had about 17 per cent share, in value terms, among all the completed public-private partnership (PPP) port projects across the country. This is the second highest share, after Gujarat, in the completed port projects across the country. Odisha had two completed port projects worth over Rs 4,100 crore under PPP as on April 30, 2013, a report from Assocham show
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Ennore port may allow bidder to decide on project
Media reports indicate that Ennore Port may give liberty to the the winning bidder for the proposed container terminal project to decide on whether to build the entire terminal in one go or in phases. Based on market condition, the winning bidder may decide how to implement the Rs 1,270 crore project and the port authority may not intervene in this, reports suggest
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Gujarat has half of completed PPP projects in ports sector
A study conducted by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) shows Gujarat has 12 completed public private partnership (PPP) projects worth over Rs 12,400 crore in the port sector as of April 30, 2013. In terms of value, this is around 50 percent of all the PPP projects completed across the country in the port sector as of the above date. Across the country, 31 P
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Private firms bid for Rs 17 bn Haldia Dock II project
RPS Kahlon, Chairman of Kolkata Port Trust (KoPT) informed that Concast-Hyundai and Adani Ports showed interest in developing the second dock facility at Haldia. KoPT wants to implement the Rs 1700-crore project, which involves setting up four berths at Salukhali named as Haldia dock II